Singapore/Hong Kong/San Francisco | 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 $US5 billion ($6.8 billion) in December at a $US180 billion valuation, is planning to list in either the fourth quarter of this year or early 2022, said three people with knowledge of the company’s plans.
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Financial Times
Mercedes Ruehl writes on real estate specialising in sales, leasing and residential properties. Connect with Mercedes on Twitter.
