Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now IOB - Delayed Quote • HKD Tencent Holdings Limited (0Z4S.IL) Follow Compare 497.80 -19.58 (-3.79%) At close: 7:58:56 AM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Chinese tech giant Tencent restructures AI product portfolio as competition heats up Tencent Holdings has made sweeping changes to its artificial intelligence (AI) product portfolio, as the Chinese internet giant doubles down on efforts to stay competitive in this fast-developing sector. The Shenzhen-based social-media and video-gaming powerhouse recently incorporated several apps - including QQ Browser, keyboard tool Sogou Pinyin and learning assistant Ima - into the firm's Cloud & Smart Industries Group (CSIG), from their previous home at the Platform & Content Group, accordin NetEase’s Billionaire CEO Slashes Jobs and Games in Profit Push (Bloomberg) -- After years of expanding overseas, video-game billionaire William Ding is hitting the brakes at NetEase Inc., the pioneering Chinese company behind hits like Eggy Party and its newest blockbuster Marvel Rivals.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthAs Visito Apple unveils iPhone 16e, Arista reports Q4 beat: Morning Buzz Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: Apple (AAPL) announced the iPhone 16e, available starting February 28 Arista Networks (ANET) reported better-than-expected Q4 results and provided upbeat Q1 revenue guidance Howard Hughes (HHH) confirmed receipt of an unsolicited takeover proposal from Pershing Square Analog Devices (ADI) reported upbeat Q1 results, raised its quarterly dividend by 8%, and boosted its share repurchase aut CFRA downgrades Ubisoft to 'Sell' amid weak net booking, Tencent talks Investing.com -- CFRA downgraded Ubisoft Entertainment (EPA:UBIP) to "Sell" from "Hold" and lowered its price target to EUR10 from EUR14, citing weak bookings and uncertainty over buyout talks with Tencent. Baidu’s Revenue Slides After Chinese AI Rivalry Heats Up (Bloomberg) -- Baidu Inc. reported its third straight quarterly revenue drop, underscoring concerns its internet search and artificial intelligence businesses are buckling under fierce competition.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Trump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsNYC’s Congestion Pricing Pulls In $48.6 Why Chinese Tech Stocks Alibaba, Tencent, and GDS Holdings Are a Bright Spot in the Stock Market Today Chinese tech stocks continued to be a bright spot in the stock market as the tech-heavy Nasdaq Composite fell slightly. Chinese officials have signaled they are open to supporting the sector as it becomes increasingly important for the struggling Chinese economy. Shares of Alibaba (NYSE: BABA) had risen 1.7% in the final half-hour of trading. Tencent changes the messaging on its AI strategy Tencent’s messaging app operates at a scale few global platforms can match. With 1.4bn users and a 93 per cent share among Chinese internet users... Emerging Stocks Rise to Three-Month High With China Tech Boost (Bloomberg) -- Emerging-market equities climbed to a three-month high, lifted by improved sentiment in China after Tencent Holdings Ltd. moved to integrate DeepSeek’s AI model and as Beijing signaled endorsement of the private sector, seen as key in reviving economic growth. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisProgressive Portland Plots a ComebackPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaA Filmmaker’s Surreal Jefferies raises targets on China tech stocks on AI growth Investing.com -- Jefferies raised its price targets on major Chinese tech stocks on growing impact of AI advancements and cloud expansion. Trending tickers: TSMC, Tencent, Alibaba, GSK and BAE Systems The latest investor updates on stocks that are trending on Monday. Alibaba, Baidu, JD.com Stocks Are Moving. China’s Xi Just Met With Tech Leaders. Chinese tech stocks have been red hot lately and now they appear to have the support of China's president. Factbox-Chinese firms and their founders at Xi's symposium Chinese President Xi Jinping addressed more than a dozen founders and chief executives from some of China's largest companies on Monday, in a bid to boost private sector sentiment. Here are details of some of the firms, and their heads, in attendance: ALIBABA - JACK MA The appearance of Ma, co-founder of Alibaba and one of China's best-known entrepreneurs is seen to be highly symbolic as he largely withdrew from public life after authorities halted the IPO of his fintech company Ant in 2020. Ma gave up control of Ant in 2023. Tencent Starts Integrating DeepSeek’s Model Into WeChat in China DeepSeek’s model is used to power WeChat’s search service alongside Tencent’s own models. Tencent Shares Surge, Baidu Slides After DeepSeek’s WeChat Debut (Bloomberg) -- Tencent Holdings Ltd.’s shares rose to their highest since 2021 after DeepSeek, the AI service that’s shaken up the industry since its emergence this year, debuted on the big tech company’s WeChat social media platform.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisProgressive Portland Plots a ComebackA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CitySpaceX Bid to Turn Texas Starbase Into City Is Tencent jumps as its Weixin app launches beta testing with Deepseek Shares of Tencent were set to open up 6.6% on Monday after the company said its Weixin messaging app has launched beta testing with Deepseek as firms race to link up with China's rising artificial intelligence start-up. Tencent shares were set to open at HK$506, their highest since July 2021. The blue chip Hang Seng Index gains 0.6% and Hang Seng Tech Index rises 1.3% Tencent's Weixin app, Baidu launch DeepSeek search testing HONG KONG/SHANGHAI (Reuters) -Tencent said on Sunday its Weixin messaging app, China's largest, is allowing some users to search via DeepSeek's artificial intelligence model as firms race to link up with the AI startup. In a beta test, Weixin is testing access to DeepSeek for searches, Tencent said in a statement to Reuters. Weixin uses Tencent's proprietary Hunyuan large language model to enrich its AI search, a spokesperson said. China's AI firms take spotlight with deals, low-cost models Alibaba's announcement this week that it will partner with Apple to support iPhones' artificial intelligence services offering in China has again thrust the spotlight on the country's AI industry on the heels of DeepSeek. Following are some of the prominent AI services and their developers to watch in China. Developed by ByteDance, a latecomer to the large language model (LLM) market, the namesake chatbot is the most popular consumer AI app in China. China's Tencent wins video copyright infringement case in US district court A U.S. district court has awarded Tencent nearly $85 million in compensation after finding that Taiwan-based TV box firm Unblock Tech and other distributors violated copyrights of video content developed by the Chinese tech giant. The case, brought by units Tencent Penguin Film, Tencent Computer System and Tencent Technology accused the defendants of improperly copying, distributing and importing more than 1,500 of its shows including family drama "Little Days" and sci-fi blockbuster "Three Body Problem". The U.S. District Court for the Western District of Texas handed down the judgement on Feb. 7. Why Chinese Stocks Alibaba, Futu Holdings, and Tencent Shook Off Inflation Concerns and Are Rising Today Despite a hotter-than-expected inflation report this morning, Chinese tech stocks shook off the bad news and marched higher. The beaten-down sector continues to advance since the emergence of China's DeepSeek artificial intelligence (AI) chatbot. Shares of the large search and e-commerce company Alibaba (NYSE: BABA) had risen 4.4% as of 11:34 a.m. ET today. DeepSeek Sparks Hope for Renaissance in China’s Tech Megacaps (Bloomberg) -- The rise of Chinese AI startup DeepSeek is forcing investors to re-evaluate the nation’s leading internet companies and their potential to capitalize on artificial intelligence that’s boosted global peers.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Dri Performance Overview Trailing total returns as of 2/24/2025, which may include dividends or other distributions. Benchmark is HANG SENG INDEX Return 0Z4S.IL HANG SENG INDEX YTD +20.02% +16.36% 1-Year +72.99% +39.55% 3-Year +19.88% +1.92%