On July 6, Tencent Holdings rose 3.01% in regular trading, trading at 446.0 HKD/share, with turnover of 3.767 billion HKD.
On the news front, Tencent's AI products received multiple catalysts. Its enterprise AI tool WorkBuddy saw user growth of two orders of magnitude within three months, with DAU stickiness comparable to Slack. Meanwhile, WeChat's AI assistant Xiaowei, backed by 1.43 billion monthly active users, has entered internal testing. J.P. Morgan projects the assistant could generate over 100 billion RMB in incremental revenue by 2030. Additionally, Tencent Cloud announced that the DeepSeek-V4 official model will launch in mid-July on its TokenHub platform.
On the capital side, the company has accumulated over 24 billion HKD in share buybacks year-to-date, with 32 consecutive days of repurchases signaling strong confidence in its intrinsic value. On July 3 alone, the company repurchased approximately 1.149 million shares for about 501 million HKD.
The broader Hong Kong tech sector rallied collectively, with the Hang Seng Tech Index opening higher by 0.55%, further lifting sentiment across the sector.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)