BroadChain News, April 25, 08:36, according to BeInCrypto, three top Chinese AI companies—ByteDance, Moonshot AI, and StepFun—have been required by the National Development and Reform Commission (NDRC) to not accept U.S. capital without government approval. ByteDance is prohibited from conducting secondary U.S. stock sales without national permission, Moonshot AI is restricted from accepting U.S. funds while considering a Hong Kong listing, and StepFun has also received similar directives.
This move comes against the backdrop of Meta acquiring Singapore-based startup Manus for approximately $2 billion, a deal that has triggered Beijing's scrutiny over technology exports. U.S. White House Science Director Michael Kratsios accused Chinese entities of extensively extracting U.S. AI models, and the Trump administration may intensify enforcement. Beijing could formalize this guidance into regulations in the coming weeks, further deepening the capital divide between China and the U.S.