On July 3, Tencent Holdings rose 3.25% in regular trading, trading at 441.4 HKD/share, with turnover of 3.71 billion HKD.

On the news front, Hong Kong-listed tech stocks rallied broadly, with the Hang Seng Tech Index opening up 0.76%. Kuaishou surged over 6%, while JD.com and Baidu also posted gains, as improving sector sentiment drove Tencent to extend its prior session's advance.

Multiple catalysts continued to underpin the stock. CICC recently maintained an Outperform rating with a target price of 666 HKD, citing bottom valuations and potential re-rating from WeChat Agent commercialization. Tencent also signed a long-term server DRAM chip supply agreement worth over 20 billion RMB with CXMT, spanning three to five years, signaling its commitment to AI infrastructure investment. The company has maintained a daily buyback pace of approximately 500 million HKD, while southbound capital continued to accumulate positions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)