SEHK:700Interactive Media and Services
Tencent (SEHK:700) Valuation Check After Moonshot AI Backing and Ongoing AI, Gaming and Cloud Expansion
Tencent Holdings (SEHK:700) just made headlines again by backing Moonshot AI’s latest US$500 million Series C round, a move that neatly reinforces its broader push into high impact AI and cloud driven growth.
See our latest analysis for Tencent Holdings.
The Moonshot AI investment lands just as Tencent’s 1 day share price return of 4.01 percent and 7 day share price return of 3.32 percent hint that sentiment is turning more constructive. This backs a 1 year total shareholder return of 51.72...