Testing times ahead for Tencent

Investors and analysts signaled early warnings on Thursday after Tencent Holdings Ltd announced further plans to invest in content and technology that could put a dent in its short-term gains.

Plowing into artificial intelligence, video and smart-retail related infrastructure could benefit Tencent's long-term prospects but could be a drag on imminent profitability, Asia's most valuable firm told investors on Wednesday, when it reported latest quarterly earnings with mixed results.

Price of the firm's Hong Kong-listed shares dipped 5.01 percent to HK$439.4 ($56) on Thursday.