MS#TENCTRP2811C

Tencent Hybrid Hy3 Preview Model Token Usage Grows Significantly

Game Science receives strategic financing from Tencent Investment

Tencent Music receives buy ratings from multiple institutions, but the suspension of quarterly user data updates raises concerns

Report Shows Active Equity Funds Significantly Reduced Tencent Holdings in Q1 2026

Tencent Releases 2025 Weixin Brand Protection Report, Showcasing IP Protection Achievements

Tencent and Alibaba are reportedly in talks to invest in AI startup DeepSeek, with a valuation that could exceed $20 billion

National Integrated Circuit Fund Negotiates to Lead DeepSeek's First Round of Financing

Tencent takes over Game Science shares previously held by Hero Interactive Entertainment

Tencent Holdings Continues to Be a Main Force in Hong Kong Stock Buybacks

Tencent to Release FY2026 Q1 Earnings on May 13 After-Market (BJT), Forecast Revenue HKD 227.69 B, EPS HKD 6.996

China Ruyi Signs 2026 Game Cooperation Framework Agreement with Tencent

May Day Holiday sees a surge in inbound and outbound tourism transactions

Nomura Report Indicates ByteDance's Doubao Subscription Launch is Positive for AI Chatbot Market, Maintains Buy Rating on Tencent

Southbound Stock Connect investors reduced their holdings in Tencent Holdings by 2.498 billion yuan in the last 5 trading days

Tencent Music Releases 2025 Annual Report, Revealing Financial and Equity Data

Tencent-published survival game 'Rust Mobile' is expected to launch in China in July 2026

The White House is reportedly reviewing Tencent's investments in U.S. gaming companies again.

Morgan Stanley Releases Q1 2023 Earnings Forecast for Tencent

Tencent Expected Q1 2026 Net Profit Growth

Tencent Releases '2025 Weixin Brand Protection Report', Showcasing a Decade of Progress in IP Protection

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DeepSeek is negotiating its first venture capital round, with its valuation potentially rising from $20 billion to $45 billion. The Chinese AI lab gained attention in early 2025 for its cost-effective large language model. Founded by billionaire Liang Wenfeng, DeepSeek aims to retain talent amid competition. The funding round may be led by the China Integrated Circuit Industry Investment Fund, as China seeks to bolster its AI capabilities independently. Major players like Tencent and Alibaba are also considering participation.

- DeepSeek is negotiating its first venture capital round, with its valuation rising from $20 billion to $45 billion within weeks.  
- Founded by hedge fund billionaire Liang Wenfeng, the Chinese AI lab aims to retain talent and compete globally, receiving backing from China's state investment fund and possibly Tencent and Alibaba.  
- DeepSeek's large language model operates efficiently on Huawei chips, as China aims to bolster domestic AI capabilities in response to restrictions on U.S. technology.

TechCrunch

Tencent Holdings Limited

BABA-W

TENCENT

Alibaba

Tencent

iShares China Large Cap

iShares MSCI China

DeepSeek could hit $45B valuation from its first investment round

- Chinese AI startup DeepSeek is aiming for a valuation of up to $50 billion in its first fundraising round, reversing its previous stance on outside investment.  
- The national AI fund of China is negotiating to be a lead investor, with possible fundraising of $3 billion to $4 billion to enhance computing power and employee benefits.  
- Additionally, Tencent Holdings is also discussing potential investment in DeepSeek, but the company has not officially commented on the matter.

Reuters

DeepSeek

TENCENT-R

Tencent HK SDR 10to1

DeepSeek could be valued at up to $50 billion in first fundraising, sources say

- Impact Therapeutics, a Chinese cancer-drug developer, plans to raise up to $117 million in a Hong Kong initial public offering.  
- The company is offering 41.98 million shares priced between HK$19.75 and HK$21.75 each, with potential total proceeds of $134 million if underwriters exercise an over-allotment option.  
- The IPO is expected to be priced on May 11 and listed on May 13, with Tencent among the cornerstone investors purchasing approximately $35.7 million of the stock.

China's Impact Therapeutics seeks up to $117 million in Hong Kong IPO, term sheet shows

Tencent Cloud has been recognized at the 2026 NAB Show Product of the Year Awards for its innovative solutions in the media industry. The company's Video Quality Enhancement and Smart Erase solutions won in the Streaming and Intelligent Technology categories, respectively. The AI-driven Diffusion Transformer (DiT) enhances video quality across various platforms, while Smart Erase automates the removal of sensitive visual elements. These awards highlight Tencent Cloud's commitment to advancing video technology and supporting global media, e-commerce, and gaming partners.

Unusual Whales

Tencent Cloud Recognized for Transforming the Future of Media at the 2026 NAB Show Product of the Year Awards

NVDA

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Demand for Huawei's Ascend 950 AI chips has surged following the launch of DeepSeek's V4 model, with major Chinese firms like ByteDance, Tencent, and Alibaba seeking new orders. The Ascend 950PR chip outperforms Nvidia's H20 but lags behind the H200, which faces shipment delays due to US-China tensions. DeepSeek's V4 model boosts the domestic AI ecosystem, with Huawei's infrastructure fully supporting it. Despite plans to ship 750,000 units this year, supply constraints are expected to persist due to US restrictions on chipmaking equipment.

- Demand for Huawei's Ascend 950 artificial intelligence chips has surged following the release of DeepSeek's V4 model, with major Chinese companies seeking orders.  
- The Ascend 950PR chip reportedly outperforms Nvidia's H20, offering an opportunity for Huawei to increase its market presence amid ongoing US-China trade tensions.  
- Despite plans to ship 750,000 units this year, Huawei faces supply constraints impacting output due to restrictions on advanced chipmaking equipment.

Invezz

NVIDIA

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KraneShares 2x Long BABA Daily ETF

Huawei

BABA-WR

Alibaba HK SDR 5to1

NVIDIA Corporation

Huawei Ascend 950 chip demand surges after DeepSeek V4 launch

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Focus Media (Trans): Below is Dolphin Research's transcript of Focus Media's FY2025 and Q1 FY2026 earnings call. For our earnings analysis, see 'Focus Media: Early Thaw, Then Chill; High Dividends as a Buffer'.Results highlights — Shareholder returns: Cumulative dividends over the past three years topped RMB 14.4bn. For 2025, planned dividends total RMB 4.9bn, with payout frequency raised to three times per year and an implied dividend yield above 5.5%. Management intends to keep the payout ratio and cadence stable...

Focus Media (Trans): AI-era info overload highlights the certainty premium of offline space

DIDIY

Lingxing Technology has filed for a Hong Kong IPO, reporting 17.1 billion yuan in revenue but only 7.4 million yuan in profit, indicating a razor-thin margin of 0.04%. The company, backed by major state automakers and internet giants, relies heavily on aggregators like Amap and Tencent, with 85.9% of orders coming through these platforms. This dependence raises concerns about financial risks and regulatory scrutiny, especially as competition intensifies with industry leader DiDi. Lingxing's challenge lies in proving its viability in a market dominated by larger players.

- Lingxing Technology, China's third largest ride-hailing platform, filed for a Hong Kong IPO with revenues of 17.1 billion yuan but only 7.4 million yuan in profit, indicating very slim margins.  
- The company heavily relies on aggregators like Amap and Tencent Mobility Services, with 85.9% of its orders coming through these platforms, raising concerns about its financial independence and long-term profitability.  
- Lingxing is navigating a competitive landscape marked by regulatory scrutiny and high operational costs, particularly in its pursuit of robotaxi technology while facing challenges from larger players like DiDi and faster-growing competitors like CaoCao.

benzinga_article

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DIDA INC

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CAOCAO INC

SAIC Motor

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DONGFENG GROUP

CHANGAN AUTOMOBILE

Lingxing Seeks Hong Kong IPO, But Heavy Reliance On Aggregators Could Worry Investors

Global X Video Games & Esports ETF

ChinaAMC CSI Animation Game ETF

Global X Data Center & Dgtl Infrs ETF

First Trust S-Network Streaming and Gaming ETF

Comm Servcies Select Sector SPDR

iShares Expanded Tech Software Sector ETF

Global X Cloud Computing ETF

VanEck Video Gaming and eSport ETF

Emerging Markets Internet ETF

Direxion FTSE China Bull 3X

AXA SPDB CSI Hugangshen Game and Culture Media ETF

FL2 CSOP HSI

Guotai CSI Animation Game ETF

SPDR S&P Software

Yinhua MSCI China A ETF

Krne Csi China Internet

FI2 CSOP HSI

Franklin Exponential Data ETF

Wedbush ETFMG Video Game Tech ETF

Proshares Big Data Refiners ETF

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Penghua CSI Media ETF

FI CSOP HSI

Tianhong CSI Computer Theme ETF

Tencent’s New Model Shows Improvement - The Information

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0428 | Dolphin Research Focus: 🐬 Macro/Industry. 1) The CPC Politburo met on Apr 28 to assess the current economy and economic work.It said the economy remains broadly stable with a solid start, and recovery resilience continues to build. However, endogenous momentum still needs consolidation, and the foundation for the upturn is not yet firm.The meeting reaffirmed the principle of seeking progress while maintaining stability. Policy will stay proactive on the fiscal side and prudent on the monetary side, using targeted measures to stabilize the macro backdrop.Priorities include boosting domestic demand and defusing property and local gov. debt risks in an orderly manner. It will also push forward 'AI+' and other industrial upgrade initiatives...

CATL's discounted equity raise rattles market; Tencent Cloud up for a third straight session YTD | Daily News Recap

My bet: Supermicro is the high-beta way to play the AI server cycle. They build the racks, they sell direct to hyperscalers, they take a fixed margin on every NVDA/AMD GPU shipped through their system. When demand accelerates, SMCI's revenue accelerates twice as fast

Louis_t

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

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☕️ [Task Coins Giveaway] Daily Market Talk

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$TENCENT(00700.HK)🐉 Tencent (0700.HK) at 52-Week Lows: Value Trap or Golden Opportunity?Tencent has just hit a fresh 52-week low of HKD 460.20 ,and the market is on edge. With the Q1 earnings call on 13 May and the Middle East crisis simmering, is it time to buy the dip?🔷 Technical SnapshotsTesting the Floor. The stock is in a clear downtrend and it is currently at HKD 463.00🟢 RSI (14): At 34.94, it is teetering on the edge of “oversold” territory.🟢 Support: The price is testing the critical 52-week low. If it breaks, HKD 450 is the next psychological stop.🔷 Fundamental SnapshotsDespite the price drop, Tencent’s valuation ratios suggest a massive disconnect between price and value.🟢 P/E Ratio (TTM): A lean 16.97x. For a tech giant, this is historically cheap, indicating the market has priced in significant pessimism.🟢 P/B Ratio: Sitting at 3.31, showing the market still values its intangible assets and platform dominance, though at a discount compared to previous years.🟢 Dividends: An upcoming cash dividend of 5.3 HKD (Ex-date: May 15) offers a small yield cushion for patient holders.🟢 Geopolitics: Escalations in the Middle East are causing a global “flight to safety,” hitting high-beta tech stocks like Tencent hardest as liquidity dries up.🔷 The VerdictTencent is fundamentally “cheap” but technically “weak.” The low P/E suggests long-term value. However, the geopolitical risks and the 52-week low breakthrough create a high-risk entry point.📍 Strategy: Watch the 13th May earnings closely. If they beat expectations, we could see a massive short-covering rally. If not, wait for the dust to settle.Not financial advice. Always do your own DD!

Based on today’s Business Times, the insurance arm of OCBC reported a slight 0.2% increase in net profit to S$346.3 million for the first quarter ended March 31, 2026, up from S$345.5 million a year ago.With above news. the market should already have a fairly good idea of OCBC’s overall results for the quarter. Either flat or moderate results 🤭.

Alphabet

Aiden

AMD has excellent results and outlook that should help the market continue its rally. But the market has gone up quite a bit and would rather be safe at these levels.

Apple

dingdongbell

Ranks in the top 30% of account holders by rate of return
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majority stocks market set new high or close to highest. I just check my holding, majority not the highest

win win

Ranks in the top 30% of account holders by total assets
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Ranks in the top 20% of account holders by rate of return
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Intel

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Palantir Tech

Alphabet - C

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Frasers L&C Tr

CityDev

HSBC Holdings Plc

INTEL-T

HSBC HK SDR 5to1

HSBC

SMIC HK SDR 5to1

DBS Group

United Overseas Bank (UOB)

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I believe the AI supercycle has already been fore ran and hence the market has been consistently demanding the exceedingly, overwhelming perfect beats to drive the euphoria; nitpicking and reading between the lines and inventing concerns when the FOMO fruits are roped for picking. The narrative for capex monetisation concern surface every now and then, and then the concerns on power shortage, etc. Any little bad news can knock the knights off their high horse at any moment. But the party must go on right?

I think the market is quite stretched at the moment. But sentiments have a funny way of extending so the market might still have some fuel left to go up a bit more. But I am a scaredy cat so I will stay defensive!

Middle east conflicts continue and presently in dead lock. Oil price spikes and induce lots of market volatility. Stay vigilant, search for good fundamentals, look for opportunities, and are ideally for day trade and swing trade.

Uncertainty periods counteract with uncertainty methods, stay calmly and look for opportunities.

What the case of Brent price, I'll just eat whichever tasty drop that drops be it bank or REIT since I'm vested in both and has built a cash war chest unlike the liberation day period when I'm high and dry. Heading to retirement, preferring stability and security instead of high stakes US rodeo. Hopefully the tencent/Alibaba talks jump starts the Hang Seng Tech index to power a Huat meow.

Mirae Asset Global Investments Co., Ltd.

Bio-Techne

Hang Seng TECH Index

UAE intercepted missile from Iran last night and both Israeli and US Army are now put on high alert. This is the first time an attack on other middle east countries has happened since the start of ceasefire and the market reacted accordingly. S&amp;P had a mini pullback before stabilising again. Monitor the situation carefully as stocks might start pulling back soon.

MS#TENCTRP2811C(54667.HK)

DeepSeek could hit $45B valuation from its first investment round

DeepSeek could be valued at up to $50 billion in first fundraising, sources say

China's Impact Therapeutics seeks up to $117 million in Hong Kong IPO, term sheet shows

Tencent Cloud Recognized for Transforming the Future of Media at the 2026 NAB Show Product of the Year Awards

Huawei Ascend 950 chip demand surges after DeepSeek V4 launch