News Snapshot:
ByteDance is considering pushing for a separate listing of Douyin, the Chinese version of TikTok, in Hong Kong, 36kr said, citing sources with knowledge of the matter, adding that a number of investment banks, including Goldman Sachs, have talked to ByteDance about underwriting. ByteDance officials responded by saying that they are considering plans to list some of their businesses, but have not yet finalized them, the report said. In July, reports emerged that ByteDance was considering a Hong Kong or Shanghai IPO for its domestic business. At the time, Reuters, citing sources with knowledge of the matter, said the Chinese...
