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Tencent Music Sets June 2026 AGM to Vote on Auditor and Governance Overhaul

Story Highlights
  • Tencent Music scheduled its June 30, 2026 AGM in Hong Kong to review 2025 results and address governance matters.
  • Shareholders will vote on reappointing PwC and updating bylaws to allow virtual meetings and paperless communications.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tencent Music Sets June 2026 AGM to Vote on Auditor and Governance Overhaul

Meet Samuel – Your Personal Investing Prophet

Tencent Music Entertainment Group Class A ( (HK:1698) ) has shared an update.

Tencent Music Entertainment Group has called its annual general meeting for June 30, 2026 in Hong Kong, where shareholders will review the company’s 2025 financial statements and address key governance items. The meeting underscores the group’s continued adherence to dual-listing obligations and formal shareholder oversight of its audit and corporate structure.

Shareholders will vote on reappointing PricewaterhouseCoopers as auditor for 2026 with an expected fee range of RMB17 million to RMB19 million, reflecting the anticipated complexity of the business. They will also consider adopting an updated memorandum and articles of association to enable virtual or hybrid general meetings, support paperless communications and implement housekeeping changes, moves that could modernize governance and improve accessibility for investors.

The most recent analyst rating on (HK:1698) stock is a Hold with a HK$40.00 price target. To see the full list of analyst forecasts on Tencent Music Entertainment Group Class A stock, see the HK:1698 Stock Forecast page.

More about Tencent Music Entertainment Group Class A

Tencent Music Entertainment Group is a leading online music and audio entertainment platform operating in China, listed in both New York and Hong Kong and incorporated in the Cayman Islands. The company offers streaming, social entertainment and related digital music services, and is controlled through a weighted voting rights structure that concentrates control among key shareholders.

Average Trading Volume: 2,114,328

Technical Sentiment Signal: Sell

Current Market Cap: HK$98.17B

Find detailed analytics on 1698 stock on TipRanks’ Stock Analysis page.

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