Tencent stock jumps in Hong Kong on AI-fueled tech rally; buyback filing in focus
NEW YORK, January 2, 2026, 05:03 ET — Premarket Tencent Holdings Ltd (0700.HK) shares rose 4.0% in Hong Kong on Friday, riding a technology-led rally that kicked off 2026 on a strong note. FT Markets The move matters because Tencent is one of the sector’s main bellwethers, and investors have started the year leaning back into China’s artificial intelligence (AI) trade after a late-2025 rebound in Hong Kong tech shares. Tencent closed at HK$623.00, up HK$24.00 on the day, after trading between HK$600.50 and HK$624.50, according to FT data. The stock is about 9% below its 52-week high of HK$683,