Tencent jumps most in 3-1/2 months after AI model release
Shares of Tencent Holdings jumped as much as 7.8% to HK$463.4 on course for their biggest one-day percentage rise since June 2, hitting their highest level since August 12. The Chinese technology giant's stock was the top percentage gainer in the benchmark Hang Seng Index, which was up 0.1%. Tencent released its Hy Images 3.5 preview model, which it says offers a performance boost over its Hy Image 3.0 and is a cost-effective model for professional creators supporting text-to-image and image-to-image generation.
4, putting the stock on track for its biggest one-day percentage gain since June 2. 1%. 0 and as a cost-effective model for professional creators that supports text-to-image and image-to-image generation, among other functions. In a separate statement, Tencent Cloud said it would collaborate with Boost, a regional fintech firm and digital bank, to accelerate digital transformation across Malaysia and Indonesia.
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