Chinese e-commerce phone apps clockwise from top left: Alibaba Group's Taobao, Pinduoduo, Alibaba, Alibaba's Tmall, JD.com and Alibaba's secondhand market, Idle Fish.
Chan Long Hei | Bloomberg | Getty Images
Societe Generale said regulatory risks have subsided enough for it to add two Chinese internet names to a strategy for playing Beijing's policy trends.