Tencent's shares rose 5.7% on strong momentum from its AI initiatives and solid core business growth, signaling investor confidence in the company’s execution and AI-driven strategy.
- Total revenue reached RMB 196 billion, increasing 9% year-on-year and 11% adjusted for later Spring Festival timing.
- Gross profit was RMB 111 billion, up 11% year-on-year, supported by growth across value-added services (VAS), marketing, and FinTech segments.
- Non-IFRS operating profit excluding new AI products grew 17% year-on-year to RMB 84 billion, reflecting healthy profitability from core businesses.
- The Hunyuan 3 Preview AI model has gained leading position in China on usage metrics, deployed across 131 Tencent internal products, and offers cost-efficient, comprehensive AI capabilities.
- Management emphasized ongoing investment to scale larger AI models, leveraging improved data and reinforcement learning to enhance product and agent capabilities.
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