Did Tencent’s New DBS and Tesla Tie-Ups Just Shift Tencent Holdings' (SEHK:700) Investment Narrative?

Simplywall
2026.02.13 08:07
portai
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Tencent Cloud has expanded its collaboration with Blooming Talk and partnered with DBS Bank to enhance cross-border payments through Weixin Pay. Additionally, Tencent deepened its partnership with Tesla to integrate WeChat services into vehicles. These developments aim to strengthen Tencent's fintech and digital services. While the DBS partnership supports payment growth, regulatory scrutiny in China remains a significant risk. Tencent's projected revenue is CN¥949.8 billion by 2028, with a fair value estimate of HK$752.96, indicating a potential 41% upside from its current price.