STAR Market leads China’s tech boom, listing high-growth firms to fuel innovation. Recent funding for Butterfly Effect’s AI venture signals continued appetite for AI and biotech innovation.
Manus-related funding has surged, led by Boyu Capital and IDG Capital, with strategic follow-ons from Tencent, HSG and ZhenFund. Manus has resumed independent operations after its split from Meta, pursuing global growth and a potential Hong Kong listing, while market appetite for AI agents remains strong amid regulatory concerns in China.