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TikTok owner ByteDance aims for Hong Kong IPO by early 2022 – FT

August 9, 2021
Source: newsotime.com newsotime.com
News Snapshot:
(Reuters) – ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators’ concerns, the Financial Times reported on Sunday. ByteDance is planning to list in either the fourth quarter of this year or in early 2022, the FT reported https://on.ft.com/3lHv2hv, citing sources familiar with the matter. “We are expecting final guidance from ByteDance in September. They are submitting all the filings with Chinese authorities right now and are going through the review process,” the newspaper quoted a source as saying. However,...
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