---
date: 2026-07-07
subject: "Singapore minister backs Manus block | MIIT sets 100k humanoid target | Unitree STAR IPO registration effective"
---


**Singapore accepts Beijing's Manus block** as Minister Chee Hong Tat told the July 6 Singapore-China Forum the case did not violate Singapore law and that Singapore respects national security decisions by both Beijing and Washington. The move follows China's April 2026 order to unwind Meta's roughly $2 billion acquisition of Manus. **MIIT projects 100,000 humanoid units** for 2026, with deputy science and technology director Gan Xiaobin reporting China's AI core industry topped 1.2 trillion yuan ($170 billion) in 2025 and AI adoption among larger industrial firms has passed 30%. **Shanghai Stock Exchange clears Unitree's listing** by marking the Hangzhou humanoid maker's STAR Market IPO registration effective on the evening of July 6, with Unitree planning to raise 4.202 billion yuan ($590 million) through CITIC Securities.

# 1. Top Stories

- **Singapore's national development minister accepts Beijing's authority to block the Meta-Manus deal** — At the July 6 Singapore-China Forum, Minister for National Development and Monetary Authority of Singapore (MAS) deputy chairman Chee Hong Tat said the case did not violate Singapore law and that Singapore respects the national security decisions of both Beijing and Washington, per Caixin and Lianhe Zaobao. China's foreign investment security review office ordered Meta's roughly $2 billion acquisition of AI agent maker Manus unwound in April 2026. It has since directed Chinese AI firms including Moonshot AI and StepFun to reject U.S. capital in funding rounds unless explicitly approved, per The Straits Times. Manus, founded in China in 2022, moved its team to Singapore in July 2025 to escape a U.S. Treasury probe triggered by Silicon Valley firm Benchmark's stake in parent Butterfly Effect. Under the April decision, the parties remain required to restore Manus to its pre-acquisition state. [Caixin](https://www.caixin.com/2026-07-07/102461584.html) [Lianhe Zaobao](https://www.zaobao.com.sg/news/singapore/story20260706-9320857) [The Straits Times](https://www.straitstimes.com/asia/east-asia/china-blocks-metas-2-billion-acquisition-of-ai-startup-manus//)

- **MIIT projects China's 2026 humanoid robot output above 100,000 units ahead of WAIC** — Gan Xiaobin, deputy director of the Ministry of Industry and Information Technology (MIIT)'s science and technology department, told a July 7 press conference previewing the World Artificial Intelligence Conference (WAIC) that full-year humanoid robot output should exceed 100,000 units in 2026, per Xinhua. MIIT licenses telecom and sets industrial policy in China. At the same briefing, Gan said China's AI core industry topped 1.2 trillion yuan ($170 billion) in 2025 and that AI adoption in MIIT's tracked cohort of mid- and large-sized industrial firms has passed 30%. WAIC 2026 runs July 17 to 20 in Shanghai with more than 1,100 exhibitors and over 3,000 exhibits, of which more than 300 will be global debuts. [IT Home](https://www.ithome.com/0/973/663.htm) [Xinhua](https://english.news.cn/20260707/064b35b3a22c477ebac191da796c0eb0/c.html) [state media]

- **Shanghai Stock Exchange marks Unitree's STAR Market IPO "registration effective," clearing the last regulatory step before humanoid maker's listing** — On the evening of July 6, the Shanghai Stock Exchange (SSE) updated Hangzhou-based Unitree Robotics' IPO review status to "registration effective," the final regulatory milestone before an initial share offering can price and trade on the exchange's STAR Market, per Huxiu. The China Securities Regulatory Commission (CSRC), the national securities regulator, had approved Unitree's STAR Market registration on July 2. Unitree plans to raise 4.202 billion yuan ($590 million) by issuing at least 10% of its shares, with prior market expectations of a post-listing valuation around 50 billion yuan ($7 billion). Unitree's 2025 humanoid shipments exceeded 5,500 units (pure humanoids, excluding wheeled dual-arm robots), and annual revenue grew from 393 million yuan ($55 million) in 2024 to 1.699 billion yuan ($240 million) in 2025, per Investing.com. [Huxiu](https://www.huxiu.com/article/4873269.html) [Investing.com](https://cn.investing.com/news/stock-market-news/article-3397238)

- **MIIT denies issuing a 70% domestic content mandate for new energy vehicle smart driving chips** — On July 7, the Ministry of Industry and Information Technology (MIIT) said it has never issued a document titled "Technical Specifications for New Energy Vehicle Automotive-Grade AI Chips," and that no domestic sourcing rate rule has been put in force for new energy vehicle chip technology. The refuted claim had circulated online saying a joint MIIT-State Administration for Market Regulation (SAMR), the country's antitrust and product regulator, specification took effect July 1 requiring every domestically produced and sold new energy passenger vehicle to reach a 70% or higher domestic sourcing rate. The rate applied across the smart driving chip technology chain, with noncompliant models barred from filing, production and plate registration. Had the rule been real, it would have functioned as a July 1 cutoff for foreign smart driving chip suppliers in the Chinese new energy vehicle market. [IT Home](https://www.ithome.com/0/973/581.htm)

- **Tencent releases Hunyuan Hy3** — Tencent released Hunyuan Hy3 as a mixture-of-experts (MoE) foundation model with 295 billion total parameters and 21 billion active per query, meaning it routes each query to a subset of specialized subnetworks rather than running all parameters, per Wallstreetcn. The model carries a 256K-token context window, roughly enough to process a book-length document in one input. Tencent describes coding, agent execution and anti-hallucination as the lead areas of improvement in this release. Tencent upgraded its consumer app Yuanbao alongside the model launch to expose Hy3's agent workflows to end users, so ordinary chats can now generate, modify and download PowerPoint decks, Word documents, Excel spreadsheets, PDF files and HTML pages. Researcher Yao Shunyu leads Hy3's agent stack. [Wallstreetcn](https://wallstreetcn.com/articles/3776367)

# 5. Robotics & Autonomous Systems

- **Ant Group's Lingbo unit open-sources embodied vision foundation model LingBot-Vision** — Ant Group's Lingbo Technology released LingBot-Vision and LingBot-Depth 2.0 on July 7 as open-source embodied vision foundation models. Computer vision models, the two are built specifically to help robots see and interact with objects in the physical world, per QbitAI. Lingbo describes LingBot-Vision as the first embodied vision foundation model to use boundary structure (how surfaces, edges and object contours are laid out in space) as a pretraining objective. It reports the model's depth estimation accuracy exceeds Meta's DINOv3 model despite a training corpus of 160 million images, one order of magnitude smaller than DINOv3's. Four size variants of the Vision Transformer architecture are open-sourced: ViT-G, ViT-L, ViT-B and ViT-S. Lingbo cites transparent and reflective objects, small and distant targets and complex indoor scenes as persistent robotic failure modes that the new models are intended to address. [QbitAI](https://www.qbitai.com/2026/07/445230.html)

# 6. Quantum & Frontier Science

- **Chinese quantum computing firm Bose Quantum files IPO tutoring registration** — The China Securities Regulatory Commission (CSRC), the national securities regulator, disclosed on July 6 that Beijing Bose Quantum Technology had filed IPO tutoring registration with its Beijing bureau, the on-record start of the multistep prelisting process required under Chinese rules, per Wallstreetcn. Bose Quantum, founded in November 2020, develops coherent optical quantum computers targeted at specific optimization problems, a track that diverges from the gate-model, general-purpose architecture that dominates the U.S. quantum industry. China's 15th Five-Year Plan names "developing scalable dedicated quantum computers" as a priority, giving top-level policy backing for the special-purpose track.  [Wallstreetcn](https://wallstreetcn.com/articles/3776370)

# 10. Strategic Context

- **U.S. enterprise use of Chinese AI models on OpenRouter peaks at 46%** — OpenRouter, a developer-facing marketplace that routes AI queries across models, the U.S. enterprise share of tokens going to Chinese AI models has stayed above 30% every week since Feb. 8, 2026, peaking at 46%. Up from a 12-month rolling average of 11% before that run and a 4.5% baseline in the first half of 2025, per Wallstreetcn. Justin Summerville of OpenRouter's data and analytics team said Chinese open-source models run 60% to 90% cheaper than Anthropic's and OpenAI's leading models. Vercel's agent infrastructure lead Harpreet Arora said Zhipu's GLM 5.2, released in June 2026, recorded the fastest model adoption speed Vercel tracked in 2026. In its first full week, daily token volume was up roughly 27 times and user count up roughly 80 times. AI startup Lindy moved all of its traffic from Anthropic's Claude to DeepSeek in June 2026, and chief executive Flo Crivello told CNBC that after the switch "you could see that cost curve go down, like, crash to the ground." [Wallstreetcn](https://wallstreetcn.com/articles/3776361) [CNBC](https://www.cnbc.com/2026/07/07/chinese-ai-models-costs-us-openai-anthropic.html)