--- title: "Understanding the Market | Tencent Holdings rose over 3%, with adjusted net profit attributable to shareholders in the first quarter increasing by 11%, significantly ramping up AI investments" type: "News" locale: "en" url: "https://longbridge.com/en/news/286342013.md" description: "Tencent Holdings' stock price rose by more than 3%, with an increase of 2.81% as of the time of publication, reaching HKD 475.6, with a transaction volume of HKD 4.017 billion. The company's total revenue in the first quarter exceeded RMB 196 billion, a year-on-year increase of 9%; profit attributable to equity holders exceeded RMB 58 billion, a year-on-year increase of 21%. Under non-International Financial Reporting Standards, operating profit was RMB 75.627 billion, a year-on-year increase of 9%. Capital expenditure was RMB 31.9 billion, a year-on-year increase of 16%. In terms of AI products, Tencent released the Hunyuan 3 large language models, with token usage increasing tenfold compared to previous generations" datetime: "2026-05-14T01:54:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286342013.md) - [en](https://longbridge.com/en/news/286342013.md) - [zh-HK](https://longbridge.com/zh-HK/news/286342013.md) --- # Understanding the Market | Tencent Holdings rose over 3%, with adjusted net profit attributable to shareholders in the first quarter increasing by 11%, significantly ramping up AI investments According to Zhitong Finance APP, Tencent Holdings (00700) rose over 3% during the trading session, and as of the time of publication, it was up 2.81%, priced at HKD 475.6, with a transaction volume of HKD 4.017 billion. In terms of news, on May 13, Tencent Holdings announced its first-quarter report, achieving total revenue of over RMB 196 billion, a year-on-year increase of 9% and a quarter-on-quarter increase of 1%; the profit attributable to equity holders exceeded RMB 58 billion, a year-on-year increase of 21% and a slight quarter-on-quarter decrease of 0.3%. Under non-International Financial Reporting Standards, Tencent's operating profit for the first quarter was RMB 75.627 billion, a year-on-year increase of 9% and a quarter-on-quarter increase of 9%; the profit attributable to equity holders was RMB 67.905 billion, a year-on-year increase of 11% and a quarter-on-quarter increase of 5%. Excluding the impact of new AI products, under non-International Financial Reporting Standards, Tencent's operating profit for the first quarter increased by 17% year-on-year to RMB 84.4 billion. The gross profit margin increased from 56% in the same period last year to 57%. In terms of capital expenditure, Tencent's capital expenditure for this quarter was RMB 31.9 billion, a year-on-year increase of 16% and a quarter-on-quarter increase of approximately 63%. Additionally, regarding the progress of AI products, Tencent's restructured AI team released the preview version of the Hongyuan 3 large language model at the end of the quarter, which has become one of the most used models on the OpenRouter platform by token consumption since April 28. Management stated that the internal token usage of Hongyuan 3 has increased tenfold compared to the previous generation and has been integrated into 131 products ### Related Stocks - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) ## Related News & Research - [Nextech3D.ai Launches Krafty Labs AI Event Marketplace | NEXCF Stock News](https://longbridge.com/en/news/286090006.md) - [Dot Ai Reports First Quarter 2026 Financial Results | DAIC Stock News](https://longbridge.com/en/news/285990697.md) - [](https://longbridge.com/en/news/286300823.md) - [AI coders are carrying half-open laptops through airports, offices, and ice rinks](https://longbridge.com/en/news/286066442.md) - [Venice Token price: Why this AI crypto coin is soaring and what next](https://longbridge.com/en/news/285830801.md)