Tencent Music jumps 11% in trading debut after $1.1b US IPO

Tencent Music jumps 11% in trading debut after $1.1b US IPO

REUTERS/Bryan R Smith

Shares of China-based music streaming company Tencent Music Entertainment rose about 11 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry.

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