---
title: "HKEX debuts flagship Tech Index; NVDA H200 cleared for China exports | Daily News Recap"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/dolphin/post/37001514.md"
description: "1209 | Dolphin Research Focus: 🐬 Macro/Industry 1) Hong Kong Exchanges and Clearing Ltd. (HKEX) announced the HKEX Tech 100 Index, tracking the 100 largest Southbound Stock Connect-eligible tech names across six themes, including AI, biotech, and autonomous driving. The index fills a gap for a broad-based vehicle covering diversified China tech in HK and could attract more southbound flows.🐬 Single Stock 1) $NVIDIA(NVDA.US). Trump posted on Truth Social..."
datetime: "2025-12-09T08:36:00.000Z"
locales:
  - [en](https://longbridge.com/en/dolphin/post/37001514.md)
  - [zh-CN](https://longbridge.com/zh-CN/dolphin/post/37001514.md)
  - [zh-HK](https://longbridge.com/zh-HK/dolphin/post/37001514.md)
author: "[Dolphin Research](https://longbridge.com/en/dolphin.md)"
generator: "portal-rs"
---

# HKEX debuts flagship Tech Index; NVDA H200 cleared for China exports | Daily News Recap

## 1209 | **Dolphin Research Watchlist**

## **🐬 Macro / Sector**

**1)** Hong Kong Exchanges and Clearing (HKEX) launched the HKEX Tech 100 Index, tracking the 100 largest Southbound-eligible tech names and spanning six themes including AI, biotech, and autonomous driving. The new index fills a gap for a broad-based vehicle covering diversified tech in Hong Kong and could draw in Southbound flows.

## **🐬 Single Stocks**

**1)**$NVIDIA(NVDA.US) 

Trump posted on Truth Social that NVDA may export H200 chips to China and other eligible clients, subject to national-security safeguards and a 25% revenue share, while more advanced Blackwell chips remain restricted. The headline sent NVDA up nearly 3% after-hours. Near term, this supports revenue recovery and stabilizes the global supply chain, reflecting corporate lobbying and a balance of U.S. industrial interests, while longer-term export controls remain uncertain.

**2)**$POP MART(09992.HK) 

Pop Mart shares have slumped for several sessions, down over 5% today, as concerns on growth durability erupted. U.S. Black Friday sales proved tepid, quarterly growth slowed sharply, and overseas momentum missed expectations.

Bearish calls amplified panic: Morgan Stanley cut its 2026 Labubu revenue growth forecast, while Deutsche Bank warned capacity expansion could erase the scarcity premium, with secondary prices dropping meaningfully. Short interest hit a 28‑month high, and with weak handover to new IPs plus QC controversies, investor worries over single‑IP dependence intensified, triggering the sell-off.

## **🐬 Top Gainers**

**A-shares:** security & alarm services, food retailers, commercial printing.

**HK:** office services & supplies, diversified capital markets, consumer finance.

**US:** textiles, marine ports/operators, auto retailers.

## **🐬 Watch Tomorrow**

**1)** China M2 YoY, China CPI YoY.

**2)** U.S. Employment Cost Index QoQ.

Risk disclosure and disclaimer: [Dolphin Research Disclaimer and General Disclosure](https://support.longbridge.global/topics/misc/dolphin-disclaimer)

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- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
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- [09992.HK](https://longbridge.com/en/quote/09992.HK.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**