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The latest update is out from Tencent Holdings ( (HK:0700) ).
Tencent reported solid first-quarter 2026 results, with revenue up 9% year-on-year to RMB196.5 billion and operating profit rising 17%, driven by higher gross profit and disciplined costs. Profit attributable to shareholders increased 21%, while user engagement on Weixin and WeChat continued to edge higher, and fee-based value-added service subscriptions remained broadly stable.
The company highlighted rapid progress in artificial intelligence, including its Hy3 preview model and WorkBuddy productivity agent, which are gaining traction and intended to enhance both new offerings and existing businesses. Tencent’s evergreen games such as Honour of Kings and Peacekeeper Elite hit lifetime quarterly gross receipt highs, while its AIM+ automated campaign tool already powers about 30% of marketing spend, underscoring AI’s growing role in its gaming and advertising operations.
The most recent analyst rating on (HK:0700) stock is a Buy with a HK$650.00 price target. To see the full list of analyst forecasts on Tencent Holdings stock, see the HK:0700 Stock Forecast page.
More about Tencent Holdings
Tencent Holdings is a leading Chinese technology and internet conglomerate focused on social networking, online gaming, digital content and fintech services. Its core platforms include Weixin and WeChat, QQ, and a large portfolio of domestic and international video games, supported by advertising and value-added services across its extensive user ecosystem.
Average Trading Volume: 26,991,778
Technical Sentiment Signal: Hold
Current Market Cap: HK$4130.9B
For detailed information about 0700 stock, go to TipRanks’ Stock Analysis page.