New Stock News | Manus's valuation doubles to US$4 billion, may subsequently pursue an IPO in Hong Kong.

According to reports, Manus is seeking to complete a US$500 million funding round, pushing the company's valuation to US$4 billion, doubling from its previous US$2 billion valuation at the time of Meta's acquisition. If the deal is ultimately completed, Manus will become China's most valuable AI agent startup. People familiar with the matter said negotiations are still ongoing, the terms of the deal may still change, and the identity of the new investors has not yet been disclosed. The market widely expects that Manus may seek a Hong Kong listing, similar to large model developers such as Moonshot AI. Manus's existing investors include Tencent, Sequoia China, and ZhenFund. According to previous reports, before the latest funding round, Manus's founders and existing investors bought back shares from Meta at a US$2 billion valuation, and Tencent became Manus's largest external investor after acquiring the stake originally held by U.S. venture capital firm Benchmark. The AI agent sector is undergoing a development stage characterized by both rapid growth and fierce competition. According to IDC data, the market size of enterprise-level AI agents in China is expected to grow from RMB 21.2 billion in 2025 to RMB 44.9 billion in 2026, and is expected to exceed RMB 332 billion by 2029, with a compound annual growth rate of more than 100%.