China Internet Equities HSBC Global Investment Summit 2026 tour takeaways China Our thoughts and investor feedback: We like Alibaba for its to-B AI monetisation potential, and Tencent for its to-C AI monetisation potential and resilience from ads and games. Investors broadly share our positive view, especially Alibaba, although some are cautious on the near-term to-C AI monetisation outlook. We like buy-rated Full Truck Alliance for its attractive valuation. Its earnings growth appears to be bottoming out a ...