ETF Abnormality | Southern 2x Long NVIDIA surged over 6% as reports indicate the U.S. approved the sale of NVIDIA H200 chips to 10 Chinese tech companies
Southern 2x Long NVIDIA rose over 6%, as of the time of writing, up 6.44%, reported at HKD 209.9, with a transaction volume of HKD 22.876 million. In terms of news, NVIDIA's U.S. stock rose sharply in after-hours trading, currently up nearly 2%. According to market media reports, sources say that the U.S. has allowed 10 Chinese companies, including Alibaba-W, ByteDance, Tencent Holdings, and JD.com-SW, to purchase NVIDIA H200 chips. Lenovo Group and distribution companies such as Foxconn are also able to purchase. It is worth mentioning that former U.S. President Trump visited China again after 9 years, with executives from more than a dozen well-known American companies accompanying him, including Apple CEO Tim Cook, NVIDIA founder and CEO Jensen Huang, and Tesla CEO Elon Musk. Additionally, with NVIDIA CEO Jensen Huang's recent visit to China, speculation about improvements in chip supply has been sparked in the market
According to Zhitong Finance APP, Southern 2x Long NVIDIA (07788) surged over 6%, up 6.44% to HKD 209.9, with a trading volume of HKD 22.876 million.
In terms of news, NVIDIA (NVDA.US) saw a short-term rise in the US stock night market, currently up nearly 2%. According to market media reports, sources say that the United States has allowed 10 Chinese companies, including Alibaba-W (09988), ByteDance, Tencent Holdings (00700), and JD.com-SW (09618), to purchase NVIDIA H200 chips. Lenovo Group (00992) and distribution companies like Foxconn can also make purchases.
It is worth mentioning that former U.S. President Trump is visiting China again after 9 years, accompanied by executives from more than a dozen well-known American companies, including Apple CEO Tim Cook, NVIDIA founder and CEO Jensen Huang, and Tesla CEO Elon Musk. Additionally, with NVIDIA CEO Jensen Huang's recent visit to China, speculation about improvements in chip supply has been sparked in the market
