Tencent's Liu Chiping: Investing in the field of AI will definitely create huge value returns for shareholders.

date
18/03/2026
At the Tencent financial report media communication meeting on March 18th, in response to a question from a reporter about how to balance investor returns and massive AI investments, Tencent President Liu Chiping said that there is not a completely exclusive relationship between capital expenditures and shareholder returns. Last year, due to restrictions on the purchase of related equipment, Tencent had relatively strong efforts in share repurchases. If the related investments this year can meet expectations, Tencent will appropriately reduce some passive buybacks. Liu Chiping said: "Overall, we have sufficient resources to support business development and provide shareholders with balanced and sustainable returns. And our investments in the field of AI will definitely create great value returns for shareholders in the future."