On July 15, Tencent Holdings ADR rose 3.14% in pre-market trading, trading at $60.17/share, with turnover of $588,400.
On the news front, Tencent's Hunyuan large model Hy3 saw total API call volume surge over 68 times compared to the previous generation within just one week of launch, ranking first on OpenRouter's global model call volume leaderboard. In the Agent product WorkBuddy, 60% of users selecting models chose Hy3, demonstrating strong competitive positioning. The model exhibited intelligence levels significantly stronger than same-size models and comparable to flagship models, with substantially improved stability and cost-effectiveness.
Additionally, Tencent is reportedly in discussions to become the largest shareholder of AI agent company Manus at a $2 billion valuation, further consolidating its AI ecosystem. During the Hong Kong trading session on the same day, Tencent had already gained 3.90%, with the cloud computing sector broadly strengthening. Multiple brokerages maintain Buy ratings on the stock, with targets ranging from 668 to 780 HKD.
(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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