Mid-May, the U.S. Department of Commerce approved approximately 10 Chinese companies to purchase NVIDIA H200 artificial intelligence chips, and Lenovo Group was confirmed as one of the authorized distributors to sell H200 in China. After the announcement, Lenovo's stock price continued to rise over a few weeks. As of May 29, 2026, Lenovo's opening price increased by over 30%, reaching a high of 25.7 Hong Kong dollars, then narrowed to 20%, and is currently reported at 23.76 Hong Kong dollars. Since the end of April, Lenovo's stock price has doubled.
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