News Snapshot:
ByteDance has switched its focus from a possible New York listing to one in Hong Kong as Beijing ratchets up its scrutiny of the country's tech companies. © Reuters August 8, 2021 23:58 JST | Hong Kong Copy Copied ByteDance, the owner of short-video app TikTok, has revived a plan to go public despite a widening regulatory assault targeting Chinese technology companies, aiming for a Hong Kong listing by early next year. The Chinese group, which raised about $5bn in December at a $180bn valuation, is planning to list in either the fourth quarter of this year or early 2022,...
