Kuke Music Holding Limited logo

Kuke Music Holding LimitedNYSE: KUKE

Profile

Industry:

Entertainment

Country:

China

IPO:

12 January 2021

Next earnings report:

29 November 2024

Last dividends:

N/A

Next dividends:

N/A
$12.50 M
-91%vs. 3y high
12%vs. sector
-95%vs. 3y high
3%vs. sector
-89%vs. 3y high
58%vs. sector
-90%vs. 3y high
68%vs. sector

Price

regular market | 8 min ago
$0.32+$0.00(+0.35%)

Dividend

No data over the past 3 years
$7.52 M$4.13 M

Analysts recommendations

Institutional Ownership

KUKE Latest News

KUKE Music Reports Receipt of NYSE Non-Compliance Notices Regarding Continued Listing Standards
globenewswire.com24 October 2024 Sentiment: NEGATIVE

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 Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of September
globenewswire.com11 September 2024 Sentiment: POSITIVE

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 and Jidou Join Forces in the AI Music Market
globenewswire.com14 June 2024 Sentiment: POSITIVE

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 Music Makes Initial Steps into AI Music Field
prnewswire.com06 June 2024 Sentiment: POSITIVE

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 Announces Purchase Terms with Naxos One
globenewswire.com24 May 2024 Sentiment: POSITIVE

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.

What type of business is Kuke Music Holding Limited?

Kuke Music Holding Limited provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music Events Business segment provides music festival events and music performance services; and sells musical instruments, including conch smart speakers. The company licenses its music content to online music entertainment platforms, digital music service providers, and commercial enterprises, as well as film and TV production companies, airlines, and smart hardware companies. It has institutional subscribers, including universities and music conservatories, as well as public libraries. Kuke Music Holding Limited was founded in 2002 and is headquartered in Beijing, China.

What sector is Kuke Music Holding Limited in?

Kuke Music Holding Limited is in the Communication Services sector

What industry is Kuke Music Holding Limited in?

Kuke Music Holding Limited is in the Entertainment industry

What country is Kuke Music Holding Limited from?

Kuke Music Holding Limited is headquartered in China

When did Kuke Music Holding Limited go public?

Kuke Music Holding Limited initial public offering (IPO) was on 12 January 2021

What is Kuke Music Holding Limited website?

https://www.kuke.com

Is Kuke Music Holding Limited in the S&P 500?

No, Kuke Music Holding Limited is not included in the S&P 500 index

Is Kuke Music Holding Limited in the NASDAQ 100?

No, Kuke Music Holding Limited is not included in the NASDAQ 100 index

Is Kuke Music Holding Limited in the Dow Jones?

No, Kuke Music Holding Limited is not included in the Dow Jones index

When was Kuke Music Holding Limited the previous earnings report?

No data

When does Kuke Music Holding Limited earnings report?

The next expected earnings date for Kuke Music Holding Limited is 29 November 2024