Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

China Orders Three AI Giants to Reject US Investment [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
The instructions were issued by the National Development and Reform Commission (NDRC) in recent weeks. Bloomberg first reported the guidance on Friday. Beijing Cuts Off US Capital For Its AI Giants ByteDance, TikTok's parent and China's most valuable private startup, was told to block US secondary share sales without state clearance. The instruction carries weight given ByteDance's complex ownership structure and pool of US institutional backers. Any secondary liquidity now funnels through Beijing. Moonshot AI, considering a Hong Kong listing, was told to refuse US capital in funding rounds and deals without approval. The restriction complicates pre-IPO planning for a firm widely seen as China's answer to OpenAI. Any foreign allocation will likely tilt toward Middle Eastern and Hong Kong investors. StepFun, a Tencent-backed startup focused on multimodal and generative AI, received the same guidance as Moonshot. The company is less globally known but ranks among Beijing's Show less Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for META alerts
Opt-in for
META alerts

from News Quantified
Opt-in for
META alerts

from News Quantified