Meta Cuts Manus Free From China, As Regional Lender Gets Premium Bailout - Meta Platforms (NASDAQ:META)

Key Takeaways:Meta's acquisition of AI startup Manus explicitly excludes Manus' Chinese operations, signaling a trend of Chinese entrepreneurs moving to SingaporeA local government's decision to buy Weihai Bank shares at a premium rather than a discount is aimed at maintaining confidence in the lenderImage Source: AuthorIn the latest edition of China Inc., we examine a massive acquisition by a global tech giant that explicitly excludes Chinese assets, alongside a peculiar bailout of a regional lender in Nor ...