Tencent's Market Value Shoots to 300 Billion, as WeChat Search Integrates DeepSeek Large Model
Tencent's market value rose by 300 billion as WeChat boosted its search capabilities with the leading DeepSeek search.
The morning of February 17 saw Hong Kong stocks surge in Tencent Holding's share price. At one point, it rose over 7.5%, resulting in a market value increase of approximately HKD 320 billion (about RMB 298.1 billion). Related concept stocks also recorded significant gains, with Weimob Group (02013.HK) up 15%, China Literature Group (00772.HK) up 11.97%, and Youzan (08083.HK) up 10.16%.
Latest Developments
Experts have commented that the recent surge in stock prices may be related to the latest developments in WeChat Search. On February 16, Tencent announced that WeChat Search officially began gray testing with DeepSeek, building on its AI search capabilities powered by the Hunyuan model.
Within the gray resting phase, users will come across the newly added "AI Search" label at the search entry point at the top of the WeChat chat window. When they click on it, they can experience the full version of the DeepSeek-R1 model for free, leading to more diverse search results.
Adopting the Latest Innovation
This collaboration shows that Tencent is actively integrating the leading AI large model technology into its core products as it strives to enhance user experience and the competitiveness of its search services. Adding DeepSeek is expected to enrich the AI search capabilities of WeChat Search, providing users with smarter, more precise search experiences.
