Shares of Chinese big tech stock Tencent (TCEHY 0.35%) rallied today, increasing as much as 3.4%, before settling into a more modest 0.7% gain as of 2:43 p.m. ET.
Tencent Holdings Limited (OTCPK:TCEHY) Q4 2024 Earnings Conference Call March 19, 2025 8:00 AM ET Company Participants Wendy Huang - IR Pony Ma - Chairman & CEO Martin Lau - President James Mitchell - Chief Strategy Officer John Lo - CFO Conference Call Participants Kenneth Fong - UBS Alicia Yap - Citibank Jialong Shi - Nomura Ronald Keung - Goldman Sachs Alex Yao - JPMorgan John Choi - Daiwa Thomas Chong - Jefferies Yuan Liao - CITIC Securities Wendy Huang Good day, and good evening. Thank you for standing by.
Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial intelligence development and infrastructure.
Chinese internet and gaming giant Tencent said on Wednesday that profits in the fourth quarter of 2024 surged 90% as the firm accelerates a push into artificial intelligence (AI).
Tencent nearly doubled its profit as the Chinese technology giant continued to build on its gaming momentum.
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Revenue came in at 172.4 billion Chinese yuan ($23.9 billion) versus 168.9 billion yuan expected.
Chinese technology giant Tencent Holdings posted on Wednesday a 11% rise in fourth-quarter revenue, driven by growth in its gaming business.
Tencent Music Entertainment Group shares surged following fourth-quarter earnings that exceeded expectations that reinforced its strategic focus on high-quality growth and artificial intelligence (AI) to enhance user engagement. Tencent Music's total revenue rose 8.2% year-over-year to RMB7.46 billion, exceeding consensus estimates by 2.2%.
Tech giant Tencent on Tuesday unveiled a suite of new artificial intelligence tools capable of converting text and images into 3D visuals in the latest example of growing Chinese momentum in the field of generative AI.
Tencent Music Entertainment beat analysts' expectations for fourth-quarter revenue on Tuesday, backed by the strong growth of streaming services.
Tencent, Alibaba, Baidu, JD.com and PDD Holdings are included in this Analyst Blog.
Tencent Holdings (HKG:0700, OTC:TCEHY) has launched Hunyuan Turbo S, its latest AI model, as competition heats up in the US-China tech race. The new system is designed for instant responses, setting it apart from DeepSeek's deep reasoning approach.