Two Firsts in One Case: Manus, Meta, and an Unprecedented Rejection

两个"第一"是同一家：Manus、Meta 与一次没有先例的否决

China’s NDRC rejected Meta’s acquisition of Manus on April 27, 2026, and ordered the deal unwound. The post says this is the first public “prohibit + unwind” case under the 2021 foreign investment security review rules. The key issue is the asset-transfer chain during redomiciling, not the offshore acquisition itself.

Why it matters: HKR-H/K/R all pass: NDRC reportedly blocked Meta’s Manus acquisition and ordered an unwind, the first public ban-plus-unwind case under the 2021 review rules. This is same-day AI M&A policy news if the facts hold.