KUKE

Kuke Music
KUKE
Market cap $12.2M

0.2470 USD

-0.0030

1.20%

Updated Nov 19, 9:53 AM EST

1 day

-1.20%

5 days

-42.56%

1 month

-63.22%

3 months

-80.85%

6 months

-91.27%

Year to date

-76.25%

1 year

-76.48%

5 years

-97.55%

10 years

-97.55%

About: Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.

Employees: 108

0

Funds holding %

of 6,735 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 5 [Q2] → 5 (+0) [Q3]

0% less ownership

Funds ownership: 0.14% [Q2] → 0.14% (-0%) [Q3]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

57% less capital invested

Capital invested by funds: $55.2K [Q2] → $23.5K (-$31.7K) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for KUKE.

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Financial journalist opinion

KUKE Music Announces Resignation of President

Beijing, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today announced that Ms. Li Sun has resigned from her position as President of the Company with effect from July 23, 2024. Ms. Sun's resignation was not a result of any disagreement between Ms. Sun and the Company on any matter relating to the Company's operations, accounting policies, or practices.

KUKE Music Announces Resignation of President

KUKE Music Reports Receipt of NYSE Non-Compliance Notices Regarding Continued Listing Standards

Beijing, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today announced that it has received notifications from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE's continued listing standards. On September 24, 2024, the NYSE notified the Company that it was below the continued listing standards as its total market capitalization was less than $50 million over a 30 trading-day period and its stockholders' equity was less than $50 million (the “September Notice”). As set forth in the September Notice, as of September 23, 2024, the 30 trading-day average global market capitalization of the Company was approximately $47 million and the Company's last reported shareholders' equity as of December 31, 2023 was approximately $3.3 million. The Company received another notice from the NYSE on October 8, 2024 (the “October Notice”) of non-compliance with the $1.00 average closing price standard. As set forth in the October Notice, as of October 7, 2024, the 30 trading-day average closing price of the Company's American Depositary Shares (“ADSs”) was approximately $0.98.

KUKE Music Reports Receipt of NYSE Non-Compliance Notices Regarding Continued Listing Standards

KUKE Music Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of September

Beijing, Sept. 11, 2024 (GLOBE NEWSWIRE) -- KUKE MUSIC HOLDING LIMITED(NYSE:KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced that its newly developed "KUKE Music for Cars" app is now in its final testing phase and is expected to complete testing by the end of September. This innovative in-car music application aims to deliver a smarter and more personalized music experience for users.

KUKE Music Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of September

Kuke Music Holding Limited to Hold Annual General Meeting and Class Meeting on September 20, 2024

Beijing, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “AGM Notice”) at 10:30 a.m., Beijing time, on September 20, 2024 at Room 303, Beijing Broadcasting Tower, No. Jia 14, Jianwaidajie, Chaoyang District, Beijing, People's Republic of China (or after the Class B Meeting, as defined below, whichever is later), for the purposes of considering and, if thought fit, passing the resolutions set forth in the AGM Notice. The AGM Notice and form of proxy for the AGM are available on the Company's website at https://ir.kuke.com/, as well as on the SEC's website at www.sec.gov.

Kuke Music Holding Limited to Hold Annual General Meeting and Class Meeting on September 20, 2024

Kuke and Jidou Join Forces in the AI Music Market

Beijing, June 14, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China with approximately 3 million audio and video music tracks, recently announced its entry into the AI music field and the integration of its AI music technology into automobiles. The Company has formed a professional team dedicated to developing and promoting AI music-related features, which will gradually be launched on KUKE's and partners' apps, bringing users a brand new music experience.

Kuke and Jidou Join Forces in the AI Music Market

Kuke Music Makes Initial Steps into AI Music Field

BEIJING , June 6, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, today announced the formation of a professional AI team for development and operations, as well as a marketing team, to enter the AI music field. AI-enhanced music will be launched on Kuke's app and on various automotive in-car networking platforms, serving more end customers.

Kuke Music Makes Initial Steps into AI Music Field

KUKE Announces Purchase Terms with Naxos One

BEIJING, May 24, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holdings Limited (“Kuke” or the “Company”) (NYSE: KUKE), the leading classical music service platform in China, is pleased to announce that on May 24, 2024, it has signed a non-binding term sheet (the “Term Sheet”) with Naxos One Holding Limited (“Naxos One”), a limited liability company incorporated under the laws of the British Virgin Islands. The Term Sheet contemplates that Kuke will acquire a majority stake in two of the controlled subsidiaries of Naxos One, Angelina Assets Limited and HNH International Limited, the holding companies of the Naxos Music Group, a world-leading classical music brand and one of the largest distributors of independent classical record labels in the world (the “Naxos Group”). A director of Kuke is the controlling shareholder of Naxos One.

KUKE Announces Purchase Terms with Naxos One

KUKE Enters Strategic Partnership with China National Youth Palace Association

BEIJING , April 18, 2024 /PRNewswire/ -- Kuke Music Holdings Limited ("Kuke" or the "Company") (NYSE: KUKE), the leading classical music service platform in China, is pleased to announce its official strategic partnership with the China National Youth Palace Association. The collaboration aims to jointly organize a series of events, including the "2024 National Youth Palace Choral Online Event," choral conducting and music teacher training courses, and the Youth Palace Choral Arts Summer Camp, all dedicated to providing high-quality music and arts education services to the youth.

KUKE Enters Strategic Partnership with China National Youth Palace Association

Kuke Music Establishes R&D Center in Guangzhou

BEIJING , March 14, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, recently disclosed a strategic organizational adjustment, including the establishment of a dedicated Technical Research and Development Center in Guangzhou. This strategic initiative is designed to enhance the collaborative efforts in R&D for technological integration between Kuke and its global strategic partner, Naxos Music Group ("Naxos").

Kuke Music Establishes R&D Center in Guangzhou

Enjoy Your Drive with Music

Kuke Music to Launch Innovative Classical Music Car Connectivity Application BEIJING , Feb. 22, 2024 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading classical music service platform in China, announced the Company plans to officially enter the classical music car connectivity market in the second quarter of 2024. This strategic move is accompanied by the launch of a new application designed exclusively for individual end-users, aimed at providing classical music enthusiasts with a more convenient and high-quality music experience.

Enjoy Your Drive with Music

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