Morgan Stanley: Reiterate Tencent Holdings (00700.HK) "Outperform" rating, maintain target price of HKD 661.

Zhixin Finance APP learned that Morgan Stanley released a research report saying that Tencent Holdings (00700.HK) WeChat ecosystem is at the forefront of agent artificial intelligence applications, using its integrated platform to meet the needs of consumers and businesses. At the same time, Tencent prioritizes allocating internal GPUs to higher ROI such as advertising and games, and cloud revenue also benefits from the increasing demand from enterprises. Overall, the firm believes that Tencent is the best artificial intelligence ecosystem company in China, so they reaffirm their "outperform the market" rating and maintain their target price of HK$661.