China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% (William Sandlund/Financial Times)

William Sandlund / Financial Times: China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8%  —  Tencent and Alibaba left behind as investors focus on pure AI plays  —  China's big tech companies including Alibaba and Tencent …

May 13, 2026 - 02:00
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China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% (William Sandlund/Financial Times)

William Sandlund / Financial Times:
China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8%  —  Tencent and Alibaba left behind as investors focus on pure AI plays  —  China's big tech companies including Alibaba and Tencent …

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