Citigroup: Tencent's new AI browser is easy to promote, maintaining a "Buy" rating on Tencent with a target price of HKD 695
Citi released a research report stating that Tencent has launched a new generation of artificial intelligence browser QBot on the QQ browser, integrating the "Hunyuan + DeepSeek" dual model capabilities. This AI browser further aggregates reliable data sources from official accounts and other PGC platforms, integrating internal and external capabilities to meet various usage scenarios through AI search/browsing/writing/learning and AI office functions. The firm maintains a "Buy" rating on Tencent, with a target price of HKD 695. The report noted that QQ browser had 433 million monthly active users and 97 million daily active users as of last month, making it easier to promote or shift users' browsing/search behaviors to familiarize them with AI responses and usage. The firm believes that Tencent, with its large and robust user base and social graph ecosystem, will become a strong participant in AI applications, further advancing its AI functions and products
According to Zhitong Finance APP, Citigroup released a research report stating that Tencent Holdings (00700) has launched a new generation of artificial intelligence browser QBot on QQ Browser, integrating the "Hunyuan + DeepSeek" dual model capabilities. This AI browser further aggregates reliable data sources from official accounts and other PGC platforms, integrating internal and external capabilities to meet various usage scenarios through AI search/browsing/writing/learning and AI office functions. The bank maintains a "Buy" rating on Tencent, with a target price of HKD 695.
The bank pointed out that QQ Browser had 433 million monthly active users and 97 million daily active users as of last month, making it easier to promote or shift users' browsing/search behaviors to familiarize them with AI responses and usage. The bank believes that Tencent, with its large and robust user base and social graph ecosystem, will become a strong participant in AI applications, further advancing its AI functions and products
