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27.04.26 - 14:48
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China Abruptly Blocks Meta′s $2 Billion Takeover Deal Of Manus AI (ZeroHedge)
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China Abruptly Blocks Meta's $2 Billion Takeover Deal Of Manus AI
With just weeks to go before the Trump-Xi meeting in Beijing, China's National Development and Reform Commission unexpectedly blocked Meta Platforms' acquisition of the AI-agent startup Manus on Monday morning, signaling that Beijing has no problem with tightening control over high-value AI assets ahead of high-level talks.
Bloomberg reports that China's NDRC has blocked Meta's $2 billion takeover of Manus, a Singapore-based AI-agent startup originally founded in China. Manus has been described as a general AI agent capable of automating complex tasks, including financial analysis, sales pitch drafting, and other workflow-intensive functions.
NDRC's official announcement says the agency has "made a decision to prohibit foreign investment in the Manus project in accordance with laws and regulations, and has required the parties involved to withdraw the acquisition transaction."
Meta's acquisition of Manus would...
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27.04.26 - 13:54
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China Blocks Meta′s $2 Billion AI Deal; DeepSeek Slashes Prices | The Pulse 4/25 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests:
Simon Dangoor, Goldman Sachs Asset Management, Fixed Income Deputy CIO & Fixed Income Macro Strategies Head; Julie Norman, University College London, Professor; Evie Aspinall, British Foreign Policy Group, Director. (Source: Bloomberg)...
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27.04.26 - 12:51
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China blockiert KI-Deal mit Meta (DPA-AFX)
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PEKING (dpa-AFX) - China hat die Übernahme des KI-Start-ups Manus durch den US-Konzern Meta (Meta Platforms (ex Facebook)) blockiert. Die zuständige Stelle für die Sicherheitsprüfung ausländischer Investitionen ......
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27.04.26 - 12:42
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China Cancels Meta′s $2 Billion Manus Deal (Bloomberg)
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China has decided to block Meta's $2 billion acquisition of agentic artificial intelligence startup Manus, sending a chill through China's burgeoning AI sector and happening weeks before a high-profile summit between US President Donald Trump and China's Xi Jinping. Bloomberg Intelligence's Matt Bloxham explains. (Source: Bloomberg)...
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27.04.26 - 12:30
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HKD3.2B Southbound Trading Net Outflow from TRACKER FUND (AAStocks)
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There was HKD976.6 million, HKD667.9 million and HKD275.8 million Southbound Trading net inflow to SMIC (00981.HK), CNOOC (00883.HK) and HUA HONG SEMI (01347.HK).There was HKD3.2 billion, HKD676.9 million and HKD653.5 million Southbound Trading net outflow from TRACKER FUND (02800.HK), BABA-W (09988.HK) and TENCENT (00700.HK).Fo......
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27.04.26 - 12:00
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Baidu Wenku Cloud Drive Launches General AI Agent GenFlow4.0 (AAStocks)
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At Baidu's AI Day open event held today (27th), Baidu Wenku Cloud Drive jointly launched its general AI agent "GenFlow4.0", comprehensively upgrading its Office Agent. Both individuals and teams can deploy OpenClaw with one click within the GenFlow4.0 general AI agent on the cloud drive.Baidu stated that, to date, the GenFlow4.0......
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27.04.26 - 10:15
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Full-day Takeaway: HSI Closes at 25,925, Down 52 pts; HSTI Closes at 4,939, Up 37 pts; SMIC Up over 6%; PETROCHINA, HAIXI PHARMA, WEICHAI POWER Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 52 pts or 0.2% to 25,925. HSTI rose 37 pts or 0.8% to 4,939. HSCEI fell 19 pts or 0.2% to 8,756. Market turnover reached $251.63 billion.Active Heavyweights:TENCENT (00700.HK) closed at $478.6, down 3%BABA (09988.HK) closed at $130.2, down 1.2%MEITUAN (03690.HK) closed at $81.85, down 0.7%CCB (00939.HK) clo......
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