🟢 Tencent Holdings Limited is trading 9.1% up today on reports of co-leading $7.4B DeepSeek funding round

Tencent Holdings Limited is trading 9.1% up at $60.33 following reports that the company is co-leading a massive $7.4 billion funding round for AI startup DeepSeek.

• The investment reportedly values DeepSeek at as high as $59 billion, significantly reinforcing Tencent’s positioning in next-generation AI infrastructure and software.
• Investor optimism remains high following a sharp jump in the prior session, as the market reacts to Tencent's expanding leadership role in the Chinese AI landscape.
• The stock's strong performance stands out against a slightly weaker broader market backdrop, highlighting robust demand for the tech giant's strategic AI initiatives.