On 5 November, Reuters reported that about 600,000 Nvidia H200 AI chips are stored in Hong Kong awaiting approval for large-scale import into mainland China. Several major internet firms have each obtained around 10,000 via indirect routes, while Beijing has withheld large-volume imports; by late October an eight-card H200 server was offered in the mainland at over 6 million yuan (about $900,000), roughly triple a year earlier.

[S1] Exclusive-Nvidia chips pile up in Hong Kong as China withholds import approval · [S2] Nvidia chips pile up in Hong Kong as China withholds import approval

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Evidence

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Primary Chips, compute & export controls

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AI & Security Observatory（2026-11-05）「NvidiaのH200約60万枚が香港で滞留、中国の輸入承認待ちとロイター　八枚構成サーバーは約90万ドルに高騰」『AI & Security Observatory』、第1.0版、最終更新2026-11-06。https://ai-security-observatory.org/ja/brief/brief-20261106-08/

AI & Security Observatory (2026-11-05). Some 600,000 Nvidia H200 chips sit in Hong Kong awaiting China import approval, Reuters reports . AI & Security Observatory, version 1.0. Updated 2026-11-06. https://ai-security-observatory.org/en/brief/brief-20261106-08/

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Version 1.0 · Publication date 5 Nov 2026 · Updated 6 Nov 2026

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