Tencent Music seeks a quicker route to list in Hong Kong, joining exodus of New York-listed Chinese companies to safe haven amid US risks

• Tencent Music would list its American Depositary Receipts (ADRs) by introduction, which is a quicker route to a secondary listing
• Tencent Music’s fourth-quarter sales fell 8.7 per cent to 7.61 billion yuan, while profit plunged 55.3 per cent to 536 million yuan