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TikTok-owner ByteDance mulls Hong Kong IPO by early-2022

News Snapshot:

ByteDance, the Chinese tech conglomerate that owns TikTok , an immensely popular short-video sharing app, had been exploring an option of a public market floatation in Hang Seng as early as by early-2022, as the Beijing-based Chinese multinational internet technology company legally domiciled in Cayman Island, had reportedly addressed Chinese regulators’ concerns, a Financial Times report had revealed late on Sunday citing unnamed sources given the scale of sensitivity of the subject-matter. On top of that, the Financial Times news report published late in the day quoted one of the sources familiar with the issue as saying that the Chinese…

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