First Chinese AI startups are reportedly ditching offshore structures to register directly in China

After Beijing blocked Meta's takeover of Manus, China's securities regulator signaled that companies hoping to go public should be registered at home. Now AI startups like Moonshot AI and StepFun are considering dissolving their foreign holding structures and registering directly in China as part of Beijing's broader push to keep its AI industry under tight control.

Raccontata dathe-decoder.com