RTTNews | Dec 30, 2020 10:03AM EST

10:02 Wednesday, December 30, 2020 (RTTNews.com) - Shares of Tencent Music Entertainment Group (TME), an online music entertainment platform in China, are gaining almost 6 percent or $1.11 in Wednesday's morning trade at $20.05, after hitting a new 52-week high of $20.18 despite the absence of any company-centric news.

U.S. stocks are rising on Wednesday following news that a coronavirus vaccine developed by AstraZeneca plc and the University of Oxford has been approved by U.K. regulators for emergency use.

Tencent Music has traded in a range of $9.22 to $20.18 in the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3156841/stock-alert-tencent-music-entertainment-climbs-to-new-52-week-high.aspx)

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