China's Terrific Ten Are Beating Mag 7. Will the Current Momentum Carry On?

In One ChartFeb 17 09:42 ET

Global Equities Roundup: Market Talk

WSJ01:40 ET

Morgan Stanley views BAT: "Overweight" on Tencent, "Bullish" on Alibaba Cloud, "concerned" about Baidu Search.

Morgan Stanley stated that as the costs of AI model training and inference decrease, Tencent, Alibaba, and Baidu will all benefit. As the market shifts its focus from large model capabilities to AI applications and monetization, Morgan Stanley has given Tencent an overweight rating. Alibaba's recent stock price rebound reflects the upside potential of its Cloud Computing business, while Baidu's core search business may face monetization risks due to the impact of generative AI.

wallstreetcn01:33 ET

Macquarie: Maintains TENCENT (00700) "Outperform" rating with a Target Price of 560 Hong Kong dollars.

The accuracy of AI and the ability to provide customization have improved, further enhancing user traffic and engagement in WeChat search, making Tencent a "super AI agent."

Zhitong Finance00:55 ET

Tencent's Move to Integrate DeepSeek Likely to Help WeChat's Long-Term Potential -- Market Talk

WSJ00:30 ET

Hong Kong stocks fluctuation | BAIOO (02100) rose over 11% at its peak, recently announcing the renewal of continuous Trade with Tencent (00700).

BAIOO (02100) rose over 11% at its highest, and has increased consecutively over the past week of trading days. As of the time of writing, it has risen by 8.06%, priced at 0.335 HKD, with a trading volume of 0.9407 million HKD.

Zhitong Finance22:05 ET