With Alibaba Group Holding Ltd. currently dominating investor attention in the realm of artificial intelligence in China, Tencent Holdings Ltd. is poised to make its mark.
Alibaba’s shares, listed in Hong Kong, have more than doubled Tencent’s 30% gain this year. This surge is fueled by the success of DeepSeek. Tencent’s upcoming earnings report, due after Wednesday’s close, will reveal key information about its capacity to excel in the AI sector. This includes details about their financial commitment to expanding their AI endeavors.