(James Hardy/Getty Images)                             STRONG BUY  We are rating TME (Tencent Music Entertainment) a STRONG BUY, after last night's earnings call. The share price has dropped even further than the epic descent it has been on as of late, which I covered in my recent article ' The Great Collapse Won't be Their End '. In addition to the bullish sentiment we expressed in that article, the price has decreased over another 20% in the light of the fact that as Reuters puts it ' Tencent Music takes copyright rules in stride, earnings beat estimates '.  This company continues to profit and continues to beat estimates. Yet, the streets are bloody, and we know this means it's time to BUY. We don't want to ignore the effect of the recent Chinese regulations. Our thesis is that those effects are priced into these shares at prices significantly above the current levels. We feel so confident in our analysis of this position that we have decided to put

(Spencer Platt/Getty Images News) - Summary - The TME share price overreacted to news of sanctions against it. After what happened to DIDI, Chinese crackdown worst-case scenarios were already priced in. The delisting narrative that instigated a lower price a few weeks ago has calmed down. TME is oversold in the midst of not yet recovering from a massive discount in share price which stems from the collapse of Archegos Capital Management in March 2021.   The company is driving shareholder value with an aggressive $1 Billion Stock Re-Purchase Program.   20% stake in Universal Music Group has big potential for payoff. Intro In our view, Tencent Music Entertainment (NYSE: TME ) remains one of the most undervalued Chinese listed companies on the New York Stock Exchange. In this article, we will detail why we think this stock is currently trading under its fair value and how upcoming developments, particularly the 20% stake in Universal Music Group, has the potential to support considerable