Changes in Hong Kong stocks | Tencent Holdings (00700) fell more than 3%, and its stock price has fallen by more than 10% in the past six days, and the three-quarter report will be disclosed next week

The Zhitong Finance App learned that Tencent Holdings (00700) fell more than 3% today, and its stock price fell for six consecutive days, with a cumulative decline of more than 10%. As of press release, it decreased by 3.01% to HK$386.8, with a turnover of HK$8.73 billion.

According to the news, Tencent plans to disclose its three-quarter report on November 18. Lyon recently lowered the company's 2026 and 2027 adjusted net profit forecasts by 3% and 7% respectively, mainly considering that accelerated investment in artificial intelligence may drag down profits in the third quarter, especially investment from model training and WorkBuddy penetration. However, the bank believes that Tencent is speeding up AI applications, and WorkBuddy and “Xiaowei” are expected to become leading enterprises and consumer-side intelligence, and bring new growth impetus.

Recently, during Tencent's 28th anniversary Linktime live broadcast, Ma Huateng's rare harsh remarks attracted attention. Management emphasized that this is not the same “cost reduction and efficiency increase” a few years ago. The previous one was relatively passive and focused more on “cost reduction”; this time it was an active attack for the AI era, and more on “increasing efficiency.” As early as May of this year, at Tencent's shareholders' meeting, Ma Huateng also discussed the question of whether Tencent's AI is lagging behind. “We thought we were on a boat a year ago, but later discovered that the boat was leaking. Now it feels like it's standing up and still can't sit down. We still want the boat to be a little faster.”