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HTSC: TENCENT (00700.HK) Apps Fully Access DeepSeek; TP $582.08
Recommend 16 Positive 26 Negative 12 |
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TENCENT (00700.HK)'s various apps began to access DeepSeek, according to a research report released by Huatai Securities. The broker believed that the combination of TENCENT's big DAU products and DeepSeek will significantly accelerate the AI penetration rate in China. AI Agent is steadily advancing, and enterprise WeChat agent is boosting office efficiency, with a promising commercialization scenario in the future. Huatai Securities maintained its 2024-2026 financial forecasts for TENCENT unchanged, of which adjusted net profit is expected to be RMB220.9 billion/ RMB247.2 billion/ RMB280.9 billion, representing YoY growth of 40%/ 12%/ 14% each. Therefore, the broker kept rating at Buy on TENCENT, with a target price of $582.08. AAStocks Financial News |
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