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.
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.
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.
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.
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.
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
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
Zhito Hong Kong Stock Connect Holdings Analysis | July 20
Stock Connect Holdings Analysis | July 17, 2026
In Conversation with Tencent Chief Scientist Zhang Zhengyou: AI Remains a 'Brain in a Vat,' and Tencent's Tairos Aims to Overcome Embodied Intelligence Implementation Challenges
Embodied intelligence is still in its early stages.
AI Has Found a New 'Way to Unlock' | WAIC Observations
① Following the 'lobster' craze, numerous AI agents have emerged, with artificial intelligence evolving into a versatile companion for both production and daily life; ② Artificial intelligence is accelerating its deployment in real-world enterprise scenarios.
The 'ChatGPT moment' for robots could arrive in as little as two years! Yao Maoqing of Zhiyuan Robotics: First overcome the 'three walls' of data, representation, and closed-loop systems.
At the forum, Yao Maoqing, Partner at Zhiyuan, systematically unveiled for the first time the 'model + data' technology flywheel, disclosing key metrics including a 99.99% success rate on 3C production lines and distributed reinforcement learning across hundreds of robots. In the closing panel discussion, six industry leaders engaged in a heated debate on the 'physical limits' of Scaling Laws, clashed over the VLA versus world model approaches, and offered a consensus forecast that the 'ChatGPT moment' for robotics is likely to arrive within two to five years.
Dialogue with Wu Yunsheng, Vice President of Tencent Cloud: Why Enterprise-Specific Agents Remain Important
control and management
Gigawatt-scale AI computing centers accelerate deployment: How to overcome curtailment challenges and close the industrial loop?
① Traditional computing infrastructure is facing unprecedented demands for upgrades. ② In the second and third quarters of 2026, gigawatt-scale intelligent computing center projects led by local governments have shown a clear acceleration trend. ③ Yuegangwan Intelligent Computing has secured cumulative new AI computing orders exceeding RMB 15 billion; its net profit for the first half of 2026 is expected to surpass RMB 240 million, and the company’s total order backlog has now exceeded RMB 30 billion.
Live from WAIC | Tencent Cloud Launches Overseas Version of ADP 4.0; Wu Yunsheng of Tencent Cloud: The Key to Agentic AI Success Lies in Use Cases
Sina Tech News, July 19 afternoon — The 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence is being held in Shanghai from July 17 to 20. During the conference, Wu Yunsheng, Vice President of Tencent Cloud, stated that enterprise-grade intelligent agents are not about who can build them faster, but rather who can operate them more stably and securely in real business environments, establishing an operational system that continuously creates value. He emphasized that both capabilities and knowledge are indispensable. To this end, Tencent Cloud has built two foundational platforms: the capability foundation, 'Tencent Cloud Intelligent Agent Development Platform ADP,' and the knowledge foundation, 'Tencent Lex Agentic Knowledge Base.' Latest upgrade
Live from WAIC | Tencent Launches WorkBuddy App, Simultaneously Debuts on HarmonyOS
Sina Tech News, July 19 afternoon — The 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance is being held in Shanghai from July 17 to 20. During the event, Tencent officially launched its independently developed productivity AI agent, WorkBuddy, as a standalone mobile application, with simultaneous releases for iOS, Android, and HarmonyOS. As the first general-purpose AI agent app available on HarmonyOS, the WorkBuddy app offers most of the functionalities of its desktop version and enables users to remotely initiate tasks on their computers directly from their smartphones. Similar to mini-programs, the WorkBuddy app supports integration with
Live from WAIC | Tencent Unveils Multiple Embodied Intelligence Foundation Models and Agents
Sina Tech News, July 19 afternoon — The 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence are being held in Shanghai from July 17 to 20. During the conference, Tencent Robotics X Lab and Futian Lab, in collaboration with Tencent HunYuan, unveiled a new series of embodied intelligence models and agent-based innovations, systematically establishing a closed-loop integration of 'perception–body–action' for the first time. Three models were released and open-sourced: first, the next-generation embodied vision-language foundation model Hy-Embodied-VLM-1.0, which addresses capabilities such as 'understanding object usage by sight,' 'recognizing environmental changes through visual context,' and 'anticipating distant
Tencent Cloud Launches Overseas Version of ADP 4.0
Gelonghui, July 19 — At the 2026 World Artificial Intelligence Conference yesterday, Tencent Cloud officially launched the international version of its Tencent Cloud Agent Development Platform (ADP) 4.0, along with simultaneous upgrades to three core modules: the Intelligent Workbench, Claw Mode, and Skill Plaza.
Express News | Tencent Launches WorkBuddy App with HarmonyOS Version Simultaneously Released
Goldman Sachs Comments on Kimi K3: Chinese Open-Source Models Reach a Critical Inflection Point in Global Adoption, with Intense Competition in High-End Models
Goldman Sachs stated that Kimi K3 has emerged with 2.8 trillion parameters, raising its API pricing to $2.30 per million tokens—the highest price yet for a Chinese AI model—marking a shift among domestic AI firms from a 'price war' to a battle for 'pricing power.' However, on the flip side, Zhipu’s stock plunged 28% in a single day and MiniMax dropped 16%, revealing deep market concerns about the sustainability of competitive moats among AI model companies amid intensifying competition in the high-end programming segment.
Express News | Tencent Upgrades and Launches "Embodied Intelligence Full-Stack Solution"