Tencent Surges Over 6% as WeChat Launches AI Assistant Beta on June 24; Goldman Sachs Maintains 700 HKD Target

According to BlockBeats, Tencent's stock surged over 6% on June 24 after WeChat launched its AI assistant 'Weixin' beta, marking the company's entry into the AI agent market. The Hang Seng Tech Index rose over 3% on the same day. Goldman Sachs maintained a 12-month price target of 700 HKD, implying upside of approximately 61.7% from the current level of 433 HKD, according to analyst Ronald Keung's team.
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