New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Morgan Stanley: Raises Tencent Music's target price by 12.2% to $16.5
Jin10 data reported on May 14 that Morgan Stanley released a report raising the target price for Tencent Music (TME.N) from $14.7, an increase of 12.2% to $16.5, maintaining an “overweight” investment rating. Morgan Stanley explained that the target price increase for Tencent Music is based on considering the market value of Tencent Music’s long-term strategic investments with a 30% discount (in line with the bank’s strategy on Tencent), including a 2% stake in Spotify, a 2% stake in UMG, and a 0.8% stake in Warner Music Group. These equate to a value of $2 per American Depositary Share (ADS). Tencent Music’s affiliate (consortium) allocated shares of UMG to Tencent Music in 2019, with the first quarter of 2025 being the triggering factor for this change.