TikTok owner ByteDance is reportedly aiming for a Hong Kong IPO next year
ByteDance is aiming to list the company on the Hong Kong stock exchange early next year. In July, Wall Street Journal noted that the company hadshelved its plans for an IPO for now. ByteDance toldReutersthat FTs reporting was not accurate, but didnt provide any details. In June, China-based publication 36kr noted that ByteDances valuation has soared past $400 billion. It’s free, every week, in your inbox. The FT report indicated that the company has nearly 1....