UBTENCT@EC2608A.C (15505) News

Tencent has unveiled an upgraded full-stack embodied intelligence solution, with the international version of ADP 4.0 now live.

At the 2026 World Artificial Intelligence Conference (WAIC), Tencent (00700.HK) announced multiple product and technology upgrades in the fields of embodied intelligence and intelligent agents. In embodied intelligence, Tencent unveiled an upgraded full-stack embodied intelligence solution spanning cloud infrastructure, model layer, platform layer, and application layer, comprehensively empowering robot hardware manufacturers and system developers to enhance quality and efficiency. In the intelligent agent domain, Tencent introduced a differentiated, full-matrix suite of solutions tailored to the productivity needs of individuals and enterprises. Among these, Tencent Cloud’s enterprise-grade intelligent agent development platform ADP 4.0 international version has officially launched, alongside the release of the “Top 10 Industries, 100 Key Scenarios” initiative.

AASTOCKS09:43

Express News | Tencent is reportedly in talks to acquire SuperPlay, an Israeli mobile game development company, valuing it at up to USD 1.5 billion.

Breakings17:32

On-site Coverage of the World Artificial Intelligence Conference: Fund Managers Survey Three Key Areas

The strongest signal emerging from this year’s exhibition is that AI is rapidly moving beyond 'concept demonstrations' and into the physical world—many of the new products showcased are no longer lab prototypes but mature, mass-producible, and deployable solutions.

China Securities Journal5minutes ago

Fund Flows | Southbound capital sold HK$6 billion worth of Hong Kong-listed stocks and has increased its position in GigaDevice for 11 consecutive days.

Track the latest developments of southbound capital flows.

Gelonghui Finance20:05

JPMorgan Analysis: AI CapEx Nears $870 Billion, with Power Supply and Returns Emerging as the Next Key Challenges

TrendForce has revised its forecast upward, with power supply and costs becoming the primary constraints.

BlockBeats19:48

Zhitoong HK Stock Connect Active Trading | July 20

Stock Connect Active Trading | July 20, 2026

Zhitong Finance19:00

WAIC 2026 Spotlight | Tickets resold outside the venue for RMB 1,300; robots 'split up' inside the exhibition hall

① This year’s WAIC embodied intelligence exhibition area has shown a clear shift—the 'job roles' of robots are beginning to differentiate. The industry is moving from the stage of building general-purpose robots toward deep specialization by specific scenarios. ② Yao Maoqing, Partner at Zhiyuan, believes that the 'GPT-3.5 moment' could arrive by the end of 2027 or early 2028; however, You Yangwei, Head of Bionic Control for Xiaomi Robotics, expressed greater caution: 'That’s a somewhat optimistic estimate.'

cls.cn18:37

Net outflow from the Tracker Fund of Hong Kong via Stock Connect amounted to HK$5.188 billion.

Southbound capital recorded net inflows into Alibaba (09988.HK) and Zhipu AI (02513.HK) of HK$1.864 billion and HK$310 million, respectively. Net outflows were observed from Tracker Fund of Hong Kong (02800.HK), Tencent (00700.HK), and Yangtze Optical Fibre and Cable (06869.HK), amounting to HK$5.188 billion, HK$580 million, and HK$468 million, respectively. Under the Shanghai-Hong Kong Stock Connect, the most actively traded stock by net inflow was Zhipu AI (02513.HK) with HK$608 million, while the largest net outflow was from Tracker Fund of Hong Kong (02800.HK) at HK$2.146 billion.

AASTOCKS18:25

Southbound Capital Flow | Southbound capital recorded a net sell-off of HK$5.962 billion, increasing positions in tech stocks while selling hardware shares; the Tracker Fund of Hong Kong (02800) saw net outflows exceeding HK$5.1 billion throughout the day

On July 20, southbound capital recorded a net selling of HK$5.962 billion in the Hong Kong stock market. Of this, Stock Connect (Shanghai) reported a net selling of HK$3.165 billion, while Stock Connect (Shenzhen) reported a net selling of HK$2.798 billion.

Zhitong Finance17:54

Hong Kong Market Close: Hang Seng Index Reclaims 25,000; Tech and Energy Stocks Rise Together, While AI Application Concepts Diverge!

On July 20, bolstered by multiple positive catalysts, Hong Kong stocks rebounded from the sharp decline seen the previous Friday, continuing their recent upward momentum. By the close of trading, the Hang Seng Index rose 2.36%, gaining nearly 600 points to reclaim the 25,000 mark. The Hang Seng China Enterprises Index and the Hang Seng Tech Index advanced 3.01% and 2.79%, respectively, with the latter一度 surging as much as 3.6% during the session. In sector performance, large-cap tech and internet stocks rallied across the board, while traditional software stocks showed notable strength. Energy-related sectors, including oil and coal stocks, remained active throughout the day. High-dividend yield stocks generally rose, with mainland banking shares posting significant gains. Meanwhile, most PCB-related stocks declined, and AI application概念股 experienced pronounced divergence.

Gelonghui Finance16:53

Tencent (00700.HK): Core business remains solid; Huanyuan capabilities and scenario implementation reinforce each other

Key financial metrics forward outlook: We expect the company's revenue for Q2 FY26 to be RMB 204.6 billion (y-o-y +11%), primarily due to the later timing of the Chinese New Year, which deferred recognition of substantial game revenue. Adjusted net profit for Q2 FY26 is expected to be

Oriental Securities13:23

Tencent's Current Low Valuation Likely to Be Temporary -- Market Talk

WSJ12:18

Hong Kong Market Midday Commentary | All three major indices rose, with the Hang Seng Index up over 2% and the Hang Seng Tech Index climbing nearly 3%; tech and internet stocks surged collectively, Alibaba gained more than 5%, Tencent rose over 3.5%; CSOP

Tech and internet stocks rose broadly, with Alibaba-W up 5.15% and Meituan-W up 3.77%; mobile gaming stocks strengthened, with Boyaa Interactive up 6.15% and Bilibili-W up 4.30%; coal stocks gained, with Yankuang Energy up 9.94% and China Coal Energy up 9.02%;

Futu News12:16

The Cyberspace Administration of China has launched an online protection campaign for minors to regulate harmful platform activities.

The Cyberspace Administration of China has launched a four-month special campaign titled "Clear and Bright – Online Protection for Minors." The first phase is the "Clear and Bright – 2026 Summer Vacation Online Environment Rectification for Minors" initiative, which focuses on addressing online disorderly phenomena involving minors and mitigating potential risks across all operational stages to foster a healthy and safe online environment for minors during their holiday. The second phase is the "Clear and Bright – Rectification of Online Information Harmful to Minors’ Physical and Mental Health" campaign, which rigorously and meticulously identifies various problematic content and prominent risks that may adversely affect minors’ physical and mental well-being, reinforces the primary responsibility of websites and platforms, and standardizes the presentation of online information content.

AASTOCKS12:01

Hong Kong Market Moves | Gaming stocks lead gains as multiple gaming companies forecast significant earnings growth; analysts suggest sector valuation may recover

Gaming stocks led the gains. As of the time of writing, Bilibili-W (09626.HK) rose 4.81% to HK$146.1; Tencent (00700.HK) gained 3.9% to HK$479.6; NetEase (09999.HK) climbed 3.25% to HK$209.4; and Kingsoft Corporation (03888.HK) increased by 2.95% to HK$24.42.

Zhitong Finance11:30

Hong Kong Market Movement | Tech stocks broadly rise as U.S. discontinues Hong Kong-related national emergency status, improving upside potential for Hang Seng Tech

Tech and internet stocks rose broadly this morning, driving the Hang Seng Tech Index up by more than 3%. As of the time of writing, Alibaba-W (09988) was up 5.24% at HK$118.5.

Zhitong Finance11:19

Kimi K3, which has gone viral overseas, hasn't been fully open-sourced yet, but international observers have already begun reassessing China's AI capabilities.

The debate between open-source and closed-source models has officially begun.

BlockBeats10:56

Hong Kong Stock Market Movement | Tencent rises over 3% intraday, launches full-stack embodied intelligence solution; Tencent Cloud ADP 4.0 international version officially goes live

Tencent (00700.HK) rose more than 3% intraday. As of the time of writing, it was up 3.12% at HK$476.20, with a trading volume of HK$3.613 billion.

Zhitong Finance10:05

Hong Kong Stocks Move丨Multiple positive catalysts drive broad gains in mobile gaming stocks, with Bilibili leading the rally up 6%

Gelonghui, July 20 | Hong Kong-listed mobile gaming stocks rallied collectively, led by Bilibili up 6%, followed by Boyaa Interactive rising 3%, Tencent gaining 2.7%, NetEase up 2.5%, and XD Inc., Friendship Times, and NetDragon all advancing more than 1%. The rally was primarily driven by a confluence of three positive factors: increased game license approvals, the summer peak season, and strong institutional sentiment. The National Press and Publication Administration issued 483 game licenses in the second quarter, a 13% year-over-year increase. A senior equity analyst at Morningstar noted that under normalized approval processes, regulatory supply is no longer a primary factor affecting developers’ profitability, and maintained that Tencent, NetEase, and Bilibili remain undervalued. 6-8

Gelonghui Finance09:49

Alex Kwok: The price trends of Tencent and Alibaba are strengthening.

Andrew Au, Vice Chairman of the Hong Kong Society of Analysts, stated that the market is already approaching the end of mid-July. As of the time of writing, the Hang Seng Index (HSI) has risen from its intramonth low of 22,953 points on the 2nd to an intramonth high of 22,521 points on the 16th, under a pattern of initial decline followed by recovery. This represents an intramonth trading range of 2,268 points, which is indeed substantial and likely sufficient to meet the market’s technical requirements for the month. Investors should therefore remain cautious about a potential short-term consolidation following the sharp rally. However, such a pullback would likely represent a normal retracement after a significant rebound. From a technical perspective, the HSI has not only successfully reclaimed the 20-day moving average (approximately

AASTOCKS09:26