Tencent stock price: WeChat AI “red packet” fight shadows Monday open after HK$547.50 close
Tencent shares closed down 1.97% at HK$547.50 on Friday as the company launched a 1-billion-yuan cash giveaway to boost its Yuanbao AI assistant. WeChat restricted sharing of red-envelope promotions, affecting both Tencent and Alibaba. The Hang Seng TECH Index fell 1.11%. Tencent’s board will meet March 18 to approve annual results and consider a final dividend.