China is reviewing the USD 2bln Manus sale to Meta (META), with Manus founders barred from leaving country, according to FT
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China is reviewing the USD 2bln Manus sale to Meta (META), with Manus founders barred from leaving country, according to FT
Pop Mart (9992 HK) FY (CNY) net 12.78bln (exp. 12.64bln), rev. 37.1bln
ANTA Sports Products (2020 HK) FY (CNY) net 13.6bln (exp. 13.3bln), rev. 80.2bln (exp. 78.7bln)
On the Newsquawk feed at , 20 minutes before this page.
Context
The review of the Manus sale to Meta hints at rising scrutiny around foreign investments in China, likely escalating tensions between the two nations. This move could impact sentiment around US equities and tech stocks, suggesting a cautious outlook as investors weigh geopolitical risks against earnings potential. Watch for potential reactions in the FX markets, particularly for the USD as concerns over Chinese regulatory actions may influence trades.
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