On July 15, Tencent Holdings ADR rose 3.26% in regular trading, trading at 60.23 USD/share, with turnover of 3.13 million USD.
On the news front, Tencent's Hunyuan large model Hy3 saw total API call volume surge over 68 times compared to its predecessor within just one week of launch, ranking first on the OpenRouter global large model call volume leaderboard. In the Agent product WorkBuddy, 60% of users selecting a model chose Hy3, demonstrating strong competitive positioning. During the Hong Kong trading session the same day, Tencent Holdings had already gained 3.90%, with the cloud computing sector rallying broadly.
Additionally, Tencent is reportedly in negotiations to become the largest shareholder of AI agent company Manus at a $2 billion valuation, further consolidating its AI ecosystem strategy. Multiple institutions maintain Buy ratings on Tencent, with UBS reiterating a HK$780 target price. JPMorgan expects Tencent's Q2 revenue to grow 9% year-over-year and reaffirms its Overweight rating.
(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.)
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