Back    Zoom +    Zoom -
S&P: TENCENT AI Push Enhances Credit Strength
Recommend
6
Positive
9
Negative
3
TENCENT (00700.HK)'s focus on AI is expected to continue to pay off, S&P Global Ratings said. Increased investments have boosted user traffic, engagement, and monetization capabilities across the Company's platforms, and support profitability and cash flow. This reinforces the rating (A+/Stable/--) buffer.

AI investments are expected to boost TENCENT's revenue growth across major business segments. AI applications have resulted in increased traffic and user engagement on the Company's WeChat flagship app, more efficient content creation, and improved recommendation and ad targeting.

Related NewsTENCENT 1Q Non-IFRS NP Up 22% to RMB61.33B In Line

AAStocks Financial News
Website: www.aastocks.com