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<Research>CMSI: TENCENT (00700.HK) Expected to Catch Up in AI Field on Traffic Ecosystem Barrier/ Exclusive Tech Based on Past Data/ Others
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TENCENT (00700.HK) has recently been actively integrating OpenClaw, with intensive deployment efforts in the AI agent field, including the official launch of its full-scenario AI agent WorkBuddy, internal testing of QClaw, its OpenClaw one-click deployment tool, and pending integration of personal WeChat with OpenClaw to enable agent capabilities, according to CMSI's research report.

The broker believed that major companies are slightly behind in the model level but are expected to catch up, mainly reflected in more refined product polishing, user traffic ecosystem barriers, and exclusive technology launched based on past data, etc..

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Therefore, CMSI kept rating at Overweight on TENCENT, with a target price of $766.
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