---
title: "HKEX debuts flagship Tech Index; NVDA H200 cleared for China exports | Daily News Recap"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/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/topics/37001514.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/37001514.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/37001514.md)
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/37001514.md) | [繁體中文](https://longbridge.com/zh-HK/topics/37001514.md)


# 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)

### Related Stocks

- [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md)
- [POP MART (09992.HK)](https://longbridge.com/en/quote/09992.HK.md)
- [Pop Mart International Group Limited (HPPD.SG)](https://longbridge.com/en/quote/HPPD.SG.md)
- [HKEX (00388.HK)](https://longbridge.com/en/quote/00388.HK.md)

## Comments (4)

- **橙橙橙 · 2025-12-09T13:40:42.000Z**: If Dazi's moat can be caught up in three to five years, then Dazi would have already shrunk back to 2 trillionξ( ✿＞◡❛)
- **乌师傅炒股养家 · 2025-12-09T09:02:47.000Z · 👍 9**: Blowing up the old Feng at HKEX would be more like it, issuing new shares every day to suck blood, making so much money but not reducing the fees at all😅
  - **Dolphin Research** (2025-12-09T09:34:48.000Z): emmmmm😂