Tencent Music Entertainment Group (the “Tencent Music” or the “Company”, stock code: TME.US), the largest online music entertainment platform in China, announced its successful listing on the New York Stock Exchange. The initial public offering was priced at US$13.00 per ADS, with total deal value US$ 1.06 billion.  BOCI is one of the Co-managers.

Tencent Music operates the top four music mobile apps in terms of mobile MAUs in the third quarter of 2018. Its platform comprises online music, online karaoke and music-centric live streaming products, supported by its content offering, technology and data.