From Yicai Global: Tencent Holdings expanded its net profit by more than 40 percent in the second quarter as the Chinese social media and video games giant increased its advertising business via artificial intelligence. Net profit surged by 41 percent to CNY26.2 billion (USD3.6 billion) in the three months ended June from a year ago, the Shenzhen-based WeChat operator said in its quarterly report recently. Revenue jumped by 11 percent to CNY149.2 billion (USD20.5 billion).