News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>M Stanley Reiterates Overweight on TENCENT; Partial AI Cloud Service Price Hike Clicks With Industry Trend
TENCENT (00700.HK)'s Tencent Cloud has announced a 5% increase in the list prices of certain products, effective May 9, 2026, according to a Morgan Stanley research report.The ...
Reset
Send
The window will close in 5 seconds
<Research>M Stanley Reiterates Overweight on TENCENT; Partial AI Cloud Service Price Hike Clicks With Industry Trend
Close
Recommend
30
Positive
40
Negative
21
 
 

TENCENT (00700.HK)  -4.000 (-0.787%)    Short selling $1.57B; Ratio 15.020%   's Tencent Cloud has announced a 5% increase in the list prices of certain products, effective May 9, 2026, according to a Morgan Stanley research report.

The adjustment will mainly cover AI computing-related products and services, TKE native node container products and services, and Elastic MapReduce (EMR) products and services.

Related NewsUBS Expects TENCENT 1Q Adj. Profit to Lift 12% YoY; Rating Buy
The new prices will apply to the next renewal or new purchases. Products and services purchased before May 9, 2026, won't be affected. TENCENT attributed the price hike to a surge in global AI computing demand and rising hardware supply chain costs.

Morgan Stanley has kept an Overweight rating on TENCENT with a target price of HKD650.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

Auto-translated by AI

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.