Tencent Music (TMEinsanityarcade.US) rose more than 6% to report US$14.2. Tencent Music just announced that the first quarter showed that many core data exceeded market expectationsinsanityarcade, the online music business continues to grow strongly. Among them, adjusted net profit increased by 23.9% year-on-year to 1.81 billion yuan. In addition, the financial report shows that Tencent Music will pay an annual dividend for the first time, and is expected to pay an annual cash dividend of approximately US$210 million (approximately RMB 1.516 billion) for the 2023 fiscal year to registered shareholders as of the registration date.