HK Stock Market Move | WEIMOB INC (02013) rose more than 8%, Tencent joins the competition for AI application entrance, the company accelerates its AI strategic layout.

WEIMOB INC (02013) rose more than 8% in early trading, with a rise of 7.26% as of the time of writing, reaching HK$2.51, with a trading volume of HK$188 million. On the news front, on January 25, Tencent's AI platform Yuanbao announced that it will start a Chinese New Year event on February 1, inviting users to experience new gameplay on the Yuanbao App, with a total of 1 billion cash red envelopes, with individual users able to receive up to tens of thousands of yuan. Starting now, users can open the Yuanbao App, reserve the red envelopes, and receive an additional 10 chances to draw on February 1. Opensource Securities believes that Tencent's Yuanbao Chinese New Year red envelope event may signal Tencent's entry into the competition for super entrance of C-end AI applications. The red envelope event may boost Yuanbao's downloads and daily active users, intensifying the competition among major model manufacturers for the AI entrance. Public information shows that WEIMOB INC is a Chinese provider of cloud-based business and marketing solutions, dedicated to providing decentralized digital transformation SaaS products and end-to-end growth services for merchants to facilitate sustainable growth. Tencent is a shareholder of WEIMOB INC and also one of Tencent's main service providers in the WeChat ecosystem. It is worth noting that WEIMOB INC recently announced the official launch of the GEO solution Weimobxingqi. The company stated that it will "closely follow industry opportunities, focus on AI generative application ecology, take the lead in laying out new forms and opportunities of AI traffic, and continuously explore new opportunities for future AI traffic applications in enterprise services solutions."