Tencent Holdings is trading at $60.45 (+4.21%) as investors rotate into technology and AI-linked names.

  • The move is supported by broader tech-sector strength, with the XLK up 1.82% and U.S. markets firmer following cooler inflation data.
  • Sentiment is further bolstered by reports that Chinese AI startup DeepSeek is seeking a funding round at a $71 billion valuation, drawing fresh attention to China’s AI ecosystem.