China's Tencent Music jumps 11 percent in U.S. debut
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(Reuters) - Shares of China-based music streaming company Tencent Music Entertainment rose about 11 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry.The company's shares opened at $14.15, 8.8 percent above their initial public offering price of $13 per ADRs, giving it a market capitalisation of about $23 billion (18.34 billion pounds) - at par with Swedish peer Spotify Technology's current..