Tencent backs DeepSeek funding as Tencent stock trades at EUR 48.57

Published on 10/06/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 11.00 percent to CNY 204.80 billion in the second quarter. Tencent stock costs EUR 48.57 on October 6, 2026 versus EUR 48.84.

Tencent Holdings Ltd., KYG875721634, Illustration mit AI erstellt.

Tencent Holdings stock (ISIN KYG875721634) was trading at EUR 48.57 at Lang & Schwarz on October 6, 2026 at 10:30 a.m. CEST, down 0.55 percent versus the prior close of EUR 48.84 on October 5, 2026. As The Edge reported on October 6, 2026, Tencent committed among the largest amounts in DeepSeek's planned funding round.

DeepSeek raises AI stakes

DeepSeek is close to securing at least CNY 80.00 billion in fresh funding, according to The Edge, which reported that the round could approach CNY 100.00 billion. Tencent previously made the startup's largest investment at CNY 10.00 billion, giving the new commitment a direct link to the company's expanding artificial intelligence strategy.

The funding would support DeepSeek ahead of a potential initial public offering in 2027. Tencent also aims to integrate DeepSeek's artificial intelligence capabilities into its platforms, placing capital allocation and commercial monetization at the center of the investment story.

Revenue growth funds the push

Simply Wall St reported that Tencent's second-quarter 2026 revenue rose 11.00 percent year over year to CNY 204.80 billion. Net income was CNY 56.00 billion in the same period, flat year over year, while revenue exceeded analyst estimates by 1.20 percent.

That combination gives the DeepSeek investment a measurable operating backdrop. Revenue growth remained positive, but unchanged net income shows why investors may weigh AI spending against near-term profitability rather than treating funding activity as an earnings result.

Targets remain divided

StockAnalysis listed an average analyst price target of HKD 663.96 on October 6, 2026, 55.20 percent above its current HKD price, based on 44 analysts. The target spread matters because Tencent is committing capital to AI while analysts continue to debate the pace of monetization.

StockAnalysis identified November 18, 2026 as Tencent's next confirmed earnings date. That report will offer the next scheduled test of revenue growth, net income and the financial effect of expanding AI investment.

Euro quote stays below HKD range

Tencent's primary listing is HKEX under ticker 0700.HK, as identified by Global Banking and Finance. The finance quote showed a market capitalization of HKD 3.9 trillion and a 52-week range of HKD 411.00 to HKD 682.50 on October 6, 2026. The euro quote and the Hong Kong figures are separate venue and currency references.

The further course of trading is shown by the continuously updated real-time quote of Tencent Holdings stock.