Tencent Music Entertainment: ARPPU Challenge Overshadows Growth (NYSE:TME)

I am the co-founder and portfolio manager for a multi-family office with a focus on  U.S and Asia markets. I have a bachelor’s and master’s degree in accounting and finance from one of the top programs in the U.S. I am a CFA Charterholder.  Prior to starting on my own, I worked as an analyst at a U.S multi-billion dollar value fund for several years. During this period of time I covered both U.S and Asia equities with no market capitalization restrictions. The industries I am most familiar with are consumers, tech, healthcare, semiconductors, banking and industrials. I have business and investing connections across the world. My circle of connections helps me understand global businesses much better than the average. In my research I try my best to gather complete and accurate information. My source of information includes public filings, industry periodicals, industry conferences and expos, company visits, analyst calls, management meetings, and scuttlebutt research.  As a value investor, my investing style has been directly influenced by Warren Buffett, Peter Lynch and Charlie Munger.  I have a very flexible investment approach. My investment universe includes growth, GARP, deep value, turnaround, cyclical and special situations. I also search for values across the globe.  I am writing on Seeking Alpha because I want to seek intelligent discussions and verifiable disconfirming evidences to my thesis.