Dowson Tong, Senior Executive Vice President of TENCENT (00700.HK) -1.800 (-0.363%) Short selling $1.48B; Ratio 16.230% and CEO of Cloud and Smart Industries Group, remarked that competition in the automotive industry is being redefined by AI. Down the road, the gap among automakers will no longer hinge on whether they possess intelligence itself, but on the scale of their AI and their ability to deploy it systematically.Tencent Intelligent Mobility, based on its "Integrated Vehicle-Cloud" strategy, purportedly provides automakers with foundation models, engineering capabilities and a comprehensive application ecosystem, driving the evolution of vehicles from traditional transportation tools into "perceptive, thinking and executable" mobile intelligent agents. The business currently covers 100% of pioneering automakers and mobility companies, having established in-depth AI cooperation with 40 mainstream automakers. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)Related News UBS Lists Investment Ratings and TPs for Chinese Tech Stocks (Table)
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