600,000 Nvidia H200 Chips Stranded in Hong Kong Awaiting Approval
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On 6 November 2026, the Hong Kong Economic Times·China cited foreign wire reports that about 600,000 Nvidia H200 chips are being stored in Hong Kong awaiting Beijing's approval for import, with only a small quantity having flowed into the mainland so far. The report noted that the central government is regulating total import volumes through the pace of approvals, weighing short-term computing power demand against long-term technological self-reliance, and creating market space for domestic chips. The depreciation, storage and capital tie-up costs of the chips while stored in Hong Kong are mainly borne by mainland enterprises.
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- 香港經濟日報·中國600,000 Nvidia H200 Chips Stranded in Hong Kong as Beijing Weighs Strategic Trade-Off
Foreign media report that about 600,000 Nvidia H200 chips are being stored in Hong Kong awaiting Beijing's approval for import, with only a small quantity having entered the mainland. The central government is regulating total import volumes through the pace of approvals, weighing short-term computing power needs against long-term technological self-reliance, and creating market space for domestic chips. Depreciation, storage and capital tie-up costs while the chips are stored in Hong Kong are borne mainly by mainland enterprises.
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