Chinese regulators grant approval for Alibaba, Tencent, and ByteDance to order Nvidia H200 AI chips, potentially unlocking $30 billion in revenue amid US-China trade tensions.
Alibaba plans to restructure and list its chip unit T-Head as competition heats up in China's AI accelerator market against rivals like Nvidia.
Chinese regulators dispatch 100+ investigators to PDD Holdings' Shanghai headquarters following employee clashes with officials. Investigation covers fraud allegations and tax issues, triggering stock decline.
Chinese food delivery stocks surge as regulators investigate price wars. Meituan, Alibaba, and JD.com rally on hopes authorities will end costly subsidy battles.
Nvidia plans to ship "thousands" of H200 AI chips to China before mid-February, pending government approval, marking a major shift in U.S. chip policy.
Beijing plans limited access to Nvidia's H200 AI chips through approval process, prioritizing domestic semiconductor self-sufficiency despite Trump allowing exports with 25% US fee.
