Morningstar
•
Apr 24, 2026
Tencent Holdings Limited: DeepSeek V4 Is Here, but Don't Expect Another DeepSeek Moment
Symbols
TCEHYSector(s)
Communication Services
Rating
Current Price
61.20
Fair Value
Economic Moat
Stewardship
Summary
Tencent is the world’s largest game publisher, with top‑grossing mobile hits like Honor of Kings and Peacekeeper Elite and a steady pipeline of new titles. It also operates WeChat—China’s super‑app with roughly 1.3 billion users—embedded in daily life for messaging, short video, mini programs, payments, and shopping. Beyond its own platforms, Tencent i
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