Tencent Music Shares Upgraded As Analyst Praises Streamer’s Unique Revenue Model

JPMorgan analyst Alex Yao  believes Tencent Music is “one of the most sustainable growth names in his coverage universe,” reports The Fly. “The company is the largest online music streaming operator globally, with a ‘China-unique revenue model,’ Yao tells investors in a research note. He sees ‘sizable; long-term growth potential for Tencent Music.”

Source: Tencent Music (TME) Upgraded As Analyst Praises Streamer’s Unique, Profitable Revenue Model

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