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STOCK MARKETS

Tencent shares jump on AI model paid services news

Tencent shares jump over 4% after announcing AI models like Hy3 Preview and DeepSeek-V4-Pro will become paid services from May 27.

Chloe Hall
ByChloe Hall- Senior Editor
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Tencent shares jump on AI model paid services news
Photo: Prepared by Bond.az

Shares of Tencent Holdings rose over 4% on Tuesday after the Chinese tech giant announced some AI models would move from free testing to paid services.

Tencent's Hong Kong-listed shares climbed up to 4.4% to HK$468.80, outperforming the Hang Seng Index.

The company said its Tencent Cloud platform will commercialize Hy3 Preview and DeepSeek-V4-Pro models from May 27. Currently in limited free beta, they will adopt usage-based pricing.

The move highlights how Chinese tech firms are monetizing generative AI amid competition. Investors are watching for revenue from AI investments.

Tencent is accelerating AI in cloud, advertising, and enterprise apps, competing with Alibaba and Baidu in China's growing AI market.

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