12 Best Performing Large Cap Stocks to Buy

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7. Tencent Music Entertainment Group (NYSE:TME)

Market Capitalization as of September 29: $13.67 billion

Number of Hedge Fund Holders: 31

Year-to-Date Performance as of September 29: 109.07%

Tencent Music Entertainment Group (NYSE:TME) is one of the best performing large cap stocks to buy. On September 23, Tencent Music Entertainment Group announced that its Board of Directors approved the appointment of Jeanette Kim Yum Chan, an independent director, as a member of the audit committee. The appointment became effective on the same day.

Chan served as an independent director and, for Hong Kong Listing Rules purposes, an independent non-executive director of the TME Board since September 2022. She worked at Airwallex (Cayman) Limited, a global cross-border payments company, since 2019, and currently serves as its chief legal, compliance, and risk officer.

Before joining Airwallex, Chan was the managing partner of the China practice at Paul, Weiss, Rifkind, Wharton & Garrison LLP, an international law firm, from 1986 to 2019. Her practice focused on cross-border M&A and private equity investments, with a focus on JV transactions in the telecom, IT, and media markets in the Asia Pacific region. Chan holds several legal qualifications and can practice law in New York, British Columbia, and Hong Kong, and is a non-practising solicitor of England and Wales.

Tencent Music Entertainment Group (NYSE:TME) is an online music entertainment platform that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China.

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