MINISO Group Holding Ltd vs Tencent Music Entertainment Group - ADR — how do they compare? MINISO Group Holding Ltd trades at $12.46 (market cap $3.87B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Tencent Music Entertainment Group - ADR is far larger — about 3.9× MINISO Group Holding Ltd's market cap, and MINISO Group Holding Ltd pays the higher dividend (5.21%). Which is the better fit depends on your goals.
| MNSO | TME | |
|---|---|---|
Market Cap | $3.87B | $15.08B |
Sector | Technology | Media |
52-Week High | $26.63 | $26.36 |
52-Week Low | $11.30 | $8.16 |
Enterprise Value | $4.54B | $11.85B |
Dividend Yield | 5.21% | 2.62% |
Trailing returns across standard periods
MINISO Group Holding Ltd is a global lifestyle product retailer known for its aesthetically pleasing, high-quality, and low-cost goods. The company operates a network of branded stores worldwide, offering a diverse range of merchandise, including household goods, cosmetics, toys, and digital accessories. MINISO's business model emphasizes rapid product iteration, efficient supply chain management, and a joint venture and franchise partner network to facilitate its global expansion.
Read more on MNSO →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 →