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US Reportedly Approves ~10 CN Firms Incl. BABA-W, TENCENT to Purchase NVIDIA AI Chips
The US has approved about 10 Chinese companies, including BABA-W (09988.HK), TENCENT (00700.HK), ByteDance and JD-SW (09618.HK), to purchase NVIDIA (NVDA.US) AI chip H200, Reuters ...
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US Reportedly Approves ~10 CN Firms Incl. BABA-W, TENCENT to Purchase NVIDIA AI Chips
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The US has approved about 10 Chinese companies, including BABA-W (09988.HK)  -5.600 (-4.061%)    Short selling $1.91B; Ratio 15.870%   , TENCENT (00700.HK)  +1.500 (+0.330%)    Short selling $1.56B; Ratio 12.851%   , ByteDance and JD-SW (09618.HK)  -2.200 (-1.691%)    Short selling $300.40M; Ratio 20.530%   , to purchase NVIDIA (NVDA.US)      AI chip H200, Reuters reported, quoting people with the knowledge of the matter.

Several distributors, including LENOVO GROUP (00992.HK)  -0.640 (-4.900%)    Short selling $390.49M; Ratio 21.364%   and Hon Hai, have also received approval.

Related NewsTENCENT (00700.HK) 1Q26 Non-IFRS Net Profit Up 11% YoY to RMB67.905 billion, In Line
Earlier, NVIDIA CEO Jensen Huang, who was reportedly absent from a China visit itinerary, joined a delegation of business leaders at the last minute, fueling market speculation that there could be a new turning point in NVIDIA's chip exports to China.

Before the US tightened export restrictions, NVIDIA held about 95% share of China's advanced chip market, while the China market once accounted for 13% of the company's total revenue.

Approved buyers can purchase directly from NVIDIA or through distributors, with each customer allowed to buy up to 75,000 chips, sources divulged.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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