HK Movers | Tencent Stock Falls 4% as It Unable to Determine Launch Timing of WeChat AI Agent Currently
Tiger Newspress06-03 11:16
TENCENT is currently impossible to determine when the WeChat AI agent will be launched, Chinese media reported, citing people with the knowledge of the matter.
TENCENT last quoted at HKD462.6, down 3.95%.
Its rollout timeline largely hinges on the progress of regulatory approval for AI agents, TENCENT said. Given WeChat's user base of 1.4 billion, the compliance process may be more stringent than for other products.
The WeChat AI agent has so far been TENCENT's "top-priority confidential project," with preparations having started as early as 1H25, according to early rumor. TENCENT sources confirmed the news to the Chinese media.
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