Tencent Music Entertainment Group - ADR vs Wells Fargo & Co — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Wells Fargo & Co trades at $86.26 (market cap $261.45B). The key difference: Wells Fargo & Co is far larger — about 17.3× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| TME | WFC | |
|---|---|---|
Market Cap | $15.08B | $261.45B |
Sector | Media | Financials |
52-Week High | $26.36 | $96.40 |
52-Week Low | $8.16 | $73.42 |
Enterprise Value | $11.85B | — |
Dividend Yield | 2.62% | 2.09% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Read more on WFC →