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China’s ByteDance Plans Hong Kong IPO Despite Tech Crackdown: FT

China's ByteDance, parent firm of short video app TikTok, will increase its board directors to nine with four new members. File photo by Reuters.

China’s ByteDance aims for a Hong Kong listing by early next year despite the nation’s regulatory storm against tech companies, the Financial Times reported.

ByteDance, which owns short-video app TikTok,  plans to list as early as the fourth quarter of this year or early in 2022, the report said, citing three people with knowledge of the company’s plans. Full story: Financial Times.

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Kevin Hamlin

Kevin Hamlin is a financial journalist with extensive experience covering Asia. Before joining Asia Financial, Kevin worked for Bloomberg News, spending 12 years as Senior China Economy Reporter in Beijing. Prior to that, he was Asia Bureau Chief of Institutional Investor for ten years.


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