ING Groep NV vs Tencent Music Entertainment Group - ADR — how do they compare? ING Groep NV trades at $35.49 (market cap $101.22B), while Tencent Music Entertainment Group - ADR trades at $8.65 (market cap $16.09B). The key difference: ING Groep NV is far larger — about 6.3× Tencent Music Entertainment Group - ADR's market cap, and ING Groep NV pays the higher dividend (3.73%). Which is the better fit depends on your goals.
| ING | TME | |
|---|---|---|
Market Cap | $101.22B | $16.09B |
Sector | Financials | Media |
52-Week High | $35.92 | $26.36 |
52-Week Low | $23.66 | $8.16 |
Dividend Yield | 3.73% | 2.75% |
Enterprise Value | — | $14.05B |
Trailing returns across standard periods
Latest headlines on both assets
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →