Tencent Holdings Limited Price & Performance (TCTZF)

Tencent posted a 13% year-on-year revenue jump to RMB180 billion in Q1 2025, the fastest growth since 2021. Net profit rose 14%, slightly missing forecasts due to heavy AI investment. Domestic gaming revenue surged 24%, and advertising grew 22%, underscoring Tencent’s resilience amid global economic uncertainties.123

Tencent’s shares have climbed nearly 10% over the past two weeks, but technical indicators suggest caution. The stock was downgraded to Hold/Accumulate after a minor dip, with analysts expecting possible short-term volatility. Support remains at HK$517, though broader market signals indicate the need for close monitoring in coming sessions.45

Tencent is doubling down on artificial intelligence, integrating proprietary and third-party models across platforms like WeChat and gaming. A $1.25 billion stake in a new Ubisoft entity further signals global ambitions. Management expects these moves to pressure margins short-term but drive sustained growth and international reach.672