TENCENT(HK:00700) Sou Hu Cai Jing·2026-01-26 09:11Core Insights - Tencent is launching a cash giveaway of 1 billion yuan during the Spring Festival, aiming to replicate the success of the WeChat red envelope feature [1][4] - The new feature, "Yuanbao Pai," will allow users to create or join groups where AI can participate in chats and perform tasks, indicating a shift towards integrating AI in social applications [4] Group 1 - Tencent's chairman, Ma Huateng, announced the 1 billion yuan cash activity during the annual meeting, highlighting the goal of reviving the popularity of WeChat red envelopes [1] - The cash giveaway will be available on the Yuanbao app starting February 1, with individual red envelopes potentially reaching up to 10,000 yuan [1] - Yuanbao has been recognized as one of the top three AI-native applications in China, suggesting its strong market position [4] Group 2 - The Yuanbao app is set to introduce a new feature called "Pai," which is currently in internal testing and will soon be publicly available [4] - This new feature aims to enhance user interaction by allowing AI to engage in conversations and manage group dynamics, marking a strategic move for Tencent in the AI and social sectors [4] - The development of "Yuanbao Pai" reflects Tencent's intention to innovate within the AI landscape, potentially leading to new opportunities in social engagement [4]