Chinese regulators are preparing to lift exit restrictions on Manus founder and CEO Xiao Hong and other managers as the breakup of Meta's roughly $2 billion acquisition of the company moves forward, the Financial Times reported. Xiao is expected to return to Singapore soon. Xiao and Manus co-founder and chief scientist Ji Yichao were summoned to Beijing in March and barred from leaving China while authorities investigated the takeover. The deal was later halted by the National Development and Reform Commission and other departments. Under the restructuring now being advanced, most original shareholders, including Tencent, ZhenFund, HSG and management, would buy back shares at a valuation close to $2 billion, while Benchmark and other minority shareholders would not participate and Tencent would take their stake. Earlier reporting said Tencent was set to become Manus's largest single shareholder with less than a 50% holding, while Manus would continue operating independently in Singapore pending final regulatory approval.