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Tencent Music
Global Markets
Collapse of Bill Hwang's Archegos is like the sinking of the Titanic
Archegos Capital Management collapsed with over US$50 billion of exposure, twice the GDP of Cambodia.
April 09, 2021
Company in the news
Tencent Music plans US$1 bil share buyback after Archegos selloff
The firm’s stock slumped almost 20% on Friday after Goldman Sachs sold US$6.6 billion worth of shares in it, Baidu and Vipshop.
March 29, 2021
Bonds and treasuries
Tencent Music draws over $13.6bil in orders for debut dollar bonds
Tencent Music Entertainment Group has attracted more than US$10 billion ($13.67 billion) of orders for its dual-tranche debut dollar bond, beating expectations for investment-grade offerings in Asia’s offshore credit market.
August 27, 2020