Tencent's New Weixin AI Testing Marks an Important Step -- Market Talk
Dow Jones11:15
0315 GMT - Tencent's new Weixin AI testing is an important step for the company's AI development, say Jefferies analysts in a research note. Tencent is doing small-scale testing on Weixin AI across various scenarios including messaging, search and shopping, they say. The company is partnering with various industry players, such as JD.com and Meituan, with more partnerships expected in the coming months, the analysts say. They expect an official release of the feature in 4Q. Jefferies has a buy rating with a target price of 795.00 Hong Kong dollars on the stock. Shares last traded at HK$436.20. (tracy.qu@wsj.com)
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June 21, 2026 23:15 ET (03:15 GMT)
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