花旗：中国批准采购H200芯片 腾讯控股(00700)成最大受益者

Group 1 - The core viewpoint of the article is that Chinese regulatory authorities have approved Alibaba-W (09988), Tencent Holdings (00700), and ByteDance to purchase NVIDIA's (NVDA.US) H200 AI chips, which could have a positive impact on these companies and the overall Chinese internet industry if confirmed [1] - Citi's report highlights that the positive impact is most significant for Tencent, which previously indicated a potential shift to "leasing" GPU computing power due to procurement restrictions [1] - The report anticipates an increase in capital expenditure risks by 2026, particularly in the AI sector, ranking the companies in the order of Tencent > Alibaba > Baidu Group-SW (09888) in terms of outlook [1]