HK Stock Market Move | TENCENT(00700) rose over 3% in early trading. Competition in the AI office track is intense. WorkBuddy seizes an open ecosystem position.

TENCENT(00700) rose over 3% in early trading. As of press time, it was up 2.37% at HK$440.8, with turnover of HK$5.049 billion. On the news front, competition in the AI office track has shifted to the ecosystem level. On September 2, Tencent's AI office product WorkBuddy open platform officially launched, with more than 100 software and hardware, industry application, and developer partners joining in the first batch, making it the first Agent foundation in China to connect the three-tier ecosystem of hardware, industry applications, and developers. In addition, WorkBuddy recently launched a back-to-school season special initiative to seize a new track in the higher education AI application market. It is worth noting that HSBC issued a research report stating that Tencent's "Honor of Kings: ACE" was launched on mobile and PC platforms on September 10. The bank estimated that, based on its popularity after launch being similar to that of "Battle of Golden Spatula," "Honor of Kings: ACE" could contribute total gross billings of approximately RMB 3.6 billion in its first twelve months, but believes it will take time to unleash its full potential.