Tencent Music Shares Double on Break From China Price Cut Script

China tech investors weary of the nation's relentless price competition can look to one pocket that's thriving by moving in the opposite direction: online music.
Hong Kong-listed shares of Tencent Music Entertainment Group and smaller rival NetEase Cloud Music Inc. have more than doubled since the end of 2023, outperforming most Chinese internet peers. That's come as they shift to focus on monetization of their loyal user bases while beefing up their podcast and live event offerings.

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Singapore bans Wild Rice's ‘Homepar' play for glamorising drug use, undermining trust in Central Narcotics Bureau

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