On the morning of February 17, Hong Kong stocks saw a surge in Tencent Holdings' share price, which at one point rose over 7.5%, resulting in a market value increase of approximately HKD 320 billion (about RMB 298.1 billion). Related concept stocks also saw significant gains, with Weimob Group (02013.HK) up 15%, China Literature Group (00772.HK) up 11.97%, and Youzan (08083.HK) up 10.16%.
The surge in stock prices may be related to the latest developments in WeChat Search. On February 16, Tencent announced that WeChat Search has officially begun gray testing with DeepSeek, building on its AI search capabilities powered by the Hunyuan model.
Within the gray testing phase, users will see the newly added "AI Search" label at the search entry point at the top of the WeChat chat window. By clicking on it, they can experience the full version of the DeepSeek-R1 model for free, obtaining more diverse search results.
This collaboration indicates that Tencent is actively integrating leading AI large model technology into its core products to enhance user experience and the competitiveness of its search services. The addition of DeepSeek is expected to further enrich the AI search capabilities of WeChat Search, providing users with a smarter and more precise search experience.
