TENCENT (00700.HK) -8.000 (-1.796%) Short selling $429.91M; Ratio 5.661% 's cloud business brand, Tencent Cloud, entered into a strategic partnership with CITIC Bank International to establish a long-term strategic alliance and advance CITIC Bank International's "FinTech 2.0" digital transformation, aiming to set a best-in-class industry benchmark and comprehensively serve the banking sector in Hong Kong and Macau.

Pursuant to the agreement, the two parties will jointly build efficient, intelligent and secure financial services, endeavoring to create a safer banking environment for customers. Harnessing advanced innovative technologies and robust data privacy protection, they will focus on enhancing smart risk management capabilities, thereby strengthening trust and security in digital banking services across the region.

Tencent Cloud and CITIC Bank International will explore the application of innovative AI technologies to comprehensively enhance operational efficiency. The initiative aims to introduce AI into internal banking operations and customer services, streamline workflows and improve operational effectiveness, enabling flexible responses to rapidly changing market demands amid intense competition.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-17 16:25.)