China International Capital Corporation published a report stating that regarding TENCENT (00700.HK) WeChat's recent grayscale test integrating DeepSeek, the company believes that TENCENT's approach to AI is clear. Although there has been no aggressive technical investment, it is believed that when AI achieves breakthroughs, TENCENT will quickly follow up, significantly accelerating its layout in the AI ecosystem. Based on AI's contribution to the valuation increase of the entire Chinese Technology Sector, the group's Target Price has been raised by 18% to 553 HKD, representing a potential stock price upside of 16%. Maintain 'outperforming the Industry.'
中金公司：升腾讯目标价18% 料将快速跟进AI布局
China International Capital Corporation: Raises TENCENT's Target Price by 18%, expected to quickly follow up on AI layout.
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