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Breaking news! The National Development and Reform Commission steps in to halt Meta's acquisition of Manus!
Just now! The National Development and Reform Commission officially announces:
📌 Makes a decision to prohibit foreign investment in the Manus acquisition project
📌 Demands that the parties revoke the acquisition transaction
This is the first publicly disclosed "prohibited investment" decision since the implementation of the 2020 "Foreign Investment Security Review Measures" ❗
⏰ Timeline review:
・2025.12.30 Meta announces $2 billion acquisition of Manus
・2026.1.8 Ministry of Commerce initiates assessment and investigation
・2026.3 NDRC interviews founder Xiao Hong and other executives, restricts their outbound travel
・2026.4.27 Officially issues the prohibition decision
💡 What does this mean?
"The path of 'incubating ➡ in Beijing, bathing ➡ in Singapore, cashing out 📡 in the U.S.'" has been blocked!
Even if the company relocates its main entity to Singapore, as long as the core technology and team originate from China, it remains within China's regulatory reach 📡