Chinese semiconductor stocks have dropped to multi-month lows following reports that the U.S. may permit Nvidia to sell its H200 AI chips to China. This development has heightened concerns over export controls and intensified market competition. Meanwhile, Bitcoin and Ether ETFs experienced significant net outflows exceeding $1.2 billion, with BlackRock's fund alone losing $523 million, indicating a shift in investor risk appetite. Additionally, South Korea's trade minister has proposed coordination with Taiwan regarding U.S. chip tariff discussions, as U.S. officials suggest possible delays in implementation.