Multiple communication services stocks experienced significant pre-market price movements, with some companies seeing notable gains and others experiencing declines.

Kuke Music Holding Limited, a leading classical music service platform in China, announced a change in the ratio of its American depositary shares (ADSs) to its Class A ordinary shares from 1:1 to 1:10, effective March 13, 2025. This change will have no impact on the underlying Class A ordinary shares.

KUKE earnings call for the period ending March 31, 2022.