Tencent Plans More AI Products To Spur Growth, Outperform Competition [Forbes]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
tencent.com/en-us/investor.html
Company Research
Source: Forbes
Chinese web giant Tencent plans to introduce more AI-related functions and products to boost growth as the company reported a strong set of . There is a chance it might turn its WeChat messaging service into an AI-powered super app with a slew of new functions, analysts say. During Wednesday calls with the media and analysts, Tencent's billionaire Chairman , President and other executives outlined the gaming and social media behemoth's AI strategy. The technology is already improving the company's bread-and-butter gaming business, they said, which is using AI to coach new players and provide better matches in online battles. In advertising, AI is helping Tencent analyze consumer behavior and place targeted promotions. As a result, the company said, overall revenue grew a better-than-expected 11% year-on-year to 172.4 billion yuan ($24 billion) in the final three months of 2024. Profit attributable to shareholders was 51.3 billion yuan, up 90% from the fourth quarter of 2023. Te
Show less
Read more
Impact Snapshot
Event Time:
TCEHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCEHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCEHY alerts
High impacting TENCENT HLDGS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
TCEHY
News
- Does Tencent's AI Reshuffle And New Nvidia Access Change The Bull Case For Tencent (SEHK:700)? [Yahoo! Finance]Yahoo! Finance
- Twin-City Linkage, AIE Expo Ignites Technological Upsurge [Yahoo! Finance]Yahoo! Finance
- Why China’s young are flocking to government jobs in record numbers [MSNBC.com]MSNBC.com
- Hong Kong Opens Its Doors to the World's Digital Visionaries as SIGGRAPH Asia 2025 Kicks Off [Yahoo! Finance]Yahoo! Finance
- Columbia Greater China Fund Q3 2025 Commentary [Seeking Alpha]Seeking Alpha