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ByteDance Aims For Hong Kong IPO By Early 2022 Despite China Tech Crackdown: FT

August 9, 2021
Source: yahoo.com yahoo.com
News Snapshot:
ByteDance Aims For Hong Kong IPO By Early 2022 Despite China Tech Crackdown: FT ByteDance, the owner of the short video platform TikTok, is aiming to go public with a listing in Hong Kong by early 2022, the Financial Times reports. The company is planning for the IPO either in the fourth quarter of this year or early 2022, FT reports citing sources. In April, ByteDance said that it had no imminent plans for the IPO. Chinese authorities have widened their crackdown on the country’s technology companies. According to the report, the company is going through a review process and...
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Tags: ByteDance | China | Chinese | consumer | crackdown | data | finance | financial | Hong Kong | infrastructure | investment | ipo | IT | KONG | listing | online video | overseas | platform | profit | report | senate | social media | technology | TikTok

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