中国互联网行业展望 - 回应投资者关切：聚焦 AI 投资策略、监管与政策等核心领域-Navigating China Internet_ Addressing investor questions_focus areas around AI investment strategies, regulations and policies

5 February 2026 | 7:58AM HKT Equity Research NAVIGATING CHINA INTERNET Addressing investor questions/focus areas around AI investment strategies, regulations and policies Since the publication of our 2026 China Internet Outlook, where we highlighted our expectations for 2026 to be a pivotal year of higher AI investments and the defending of core positionings by China Internet mega caps, investor focuses and questions have centered around: (+/-) the intensified contest of consumer AI super apps amongst mega- ...