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TikTok owner ByteDance reportedly planning Hong Kong stock listing

August 11, 2021
Source: hksar.org hksar.org
News Snapshot:
Add Your News TikTok owner ByteDance reportedly planning Hong Kong stock listing Chinese company ByteDance Ltd., the owner of wildly successful social media app TikTok, is reportedly planning to go public in Hong Kong after shelving plans for an initial public offering in the U.S. earlier this year. The Financial Times, referencing people with knowledge of the plans, reported today that the company is planning to list in the fourth quarter or early 2022. Amid increasing scrutiny from Chinese authorities, particularly over data security, ByteDance is said to be close to addressing issues, including providing more details on how it...
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