Tencent's stock surged following reports that the Chinese tech giant is nearing the launch of an AI agent within its WeChat super app. The company is reportedly testing a prototype for its 1.4 billion users.

Shares of Tencent Holdings surged as much as 8 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super app WeChat. Tencent was testing a prototype AI agent for the WeChat ecosystem, which boasts 1.4 billion active users, and planned to start the compliance process as soon as this month for a public launch, according to a report by the Financial Times on Tuesday, citing anonymous sources. The...