Tencent’s shares jumped 6.6% on Monday after the company announced that its popular Weixin messaging app has launched beta testing with DeepSeek, a fast-growing artificial intelligence (AI) startup in China. The partnership with DeepSeek, which has been generating buzz in the tech industry for its groundbreaking AI capabilities, is fueling investor optimism as both companies look to capitalize on China’s rapidly evolving AI sector.
Shares of Tencent were set to open at HK$506, marking their highest point since July 2021. This surge contributed to broader market gains, with the blue-chip Hang Seng Index rising 0.6% and the Hang Seng Tech Index climbing 1.3%, reflecting strong momentum in the tech sector across Hong Kong.
The collaboration with DeepSeek, which has garnered attention for its next-generation AI chatbot technology, is seen as a major step for Tencent, which is integrating DeepSeek’s AI model into Weixin, one of China’s most widely used social and messaging platforms. This move highlights Tencent’s commitment to AI innovation, as the company aims to enhance user experience while tapping into the growing demand for AI-driven solutions.
The beta testing is expected to draw significant attention, as Tencent and DeepSeek seek to push the boundaries of AI in consumer-facing applications. Investors are closely watching the rollout, with many seeing it as a potential game-changer for Tencent’s position in the market.
As AI continues to take center stage in China’s tech landscape, Tencent’s move to incorporate DeepSeek’s technology into Weixin is poised to further solidify its role as a key player in the country’s AI-driven future.
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