Citigroup: Tencent's WorkBuddy in China is a safer solution and is optimistic about its competitive position, maintaining a buy rating.

According to Citigroup, Tencent's WorkBuddy, which deploys AI agents on its secure cloud platform, may be seen as a safer solution in China. They are positive about Tencent's competitive position and use of its existing ecosystem to drive AI development, maintaining a buy rating. Analyst Alicia Yap pointed out in her report that Tencent's AI agents avoid the risks of installing OpenClaw applications on local machines. Tencent's dominant QQ and WeChat platforms provide unique ecosystem advantages, allowing users to seamlessly manage AI agents. Tencent's target price is 783 Hong Kong dollars.