TikTok owner ByteDance eyes Hong Kong IPO amid China tech crackdown: Report

Key Topics in this News Article:
News Snapshot:

TikTok owner ByteDance Ltd. is reviving plans to list in Hong Kong by early next year even as Chinese authorities widen their crackdown on the country's technology companies, the Financial Times reported. The listing could take place either next quarter or in early 2022, the paper said in a report on Sunday, citing three unidentified people with knowledge of the plans. MORE FROM THIS SECTION See All Premium Premium Over 12,000 companies struck off from records in FY21 Premium Premium DCB Bank’s net profit drops 57%, NPAs rise in June quarter Premium Premium McDonald's pushes diners to use trays as…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!