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TikTok owner ByteDance aims for Hong Kong IPO by early 2022 - FT

Reuters2021-08-08

Aug 8 (Reuters) - ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators' concerns, the Financial Times reported on Sunday.

ByteDance is planning to list in either the fourth quarter of this year or in early 2022, the FT reported citing sources familiar with the matter.

"We are expecting final guidance from ByteDance in September. They are submitting all the filings with Chinese authorities right now and are going through the review process," the newspaper quoted a source as saying.

ByteDance did not immediately respond to an emailed request for comment.

Beijing-based BytDance said in April that it had no imminent plans for an initial public offering $(IPO.UK)$.

Chinese regulators have stepped up their scrutiny of the tech sector in recent months. The FT report said ByteDance has been working on addressing data security concerns raised by regulators.

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Comment126

  • WangMeiLi
    ·2021-08-09
    I think Everybody is waiting for it :)
    Reply
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  • CL777
    ·2021-08-09
    Wow
    Reply
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    • potatochip
      [Surprised]
      2021-08-10
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    • Sheryl85
      yea
      2021-08-09
      Reply
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  • MAUXIANG
    ·2021-08-09
    Finally
    Reply
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    • K74
      Yeah
      2021-08-09
      Reply
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  • Rickymhlee
    ·2021-08-09
    Looks good
    Reply
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  • Lanying
    ·2021-08-09
    O
    Reply
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    • Lanying
      O
      2021-08-09
      Reply
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    • Andersonkana
      tik tok good
      2021-08-09
      Reply
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    • SaveHK
      ew
      2021-08-09
      Reply
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  • alexseahwj
    ·2021-08-09
    Like pls
    Reply
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  • ekwee75
    ·2021-08-09
    Like pls
    Reply
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  • sega
    ·2021-08-09
    ?
    Reply
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    • sega
      ?
      2021-08-09
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  • YMF808
    ·2021-08-09
    Hope hong kong can be another stock market that investors can enough more money.
    Reply
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    • T2C
      Yes
      2021-08-09
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    • lg8
      Yup
      2021-08-09
      Reply
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    • YMF808
      yes
      2021-08-09
      Reply
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  • Gackky
    ·2021-08-09
    need to satisfy government entity
    Reply
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  • AngelaChan
    ·2021-08-09
    Wow..finally
    Reply
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  • Kevin92
    ·2021-08-09
    Comment and like
    Reply
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    • XiuJ
      Ok
      2021-08-09
      Reply
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  • KYLeong
    ·2021-08-09
    ?? 
    Reply
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    • Kevin92
      Comment and like
      2021-08-09
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  • QQ83
    ·2021-08-09
    ?
    Reply
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    • Mammoth
      [微笑] [微笑]
      2021-08-09
      Reply
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  • Aoyjai
    ·2021-08-09
    Beginning of listings in Hong Kong instead of USA…the new trend.
    Reply
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    • ekwee75
      Yes
      2021-08-09
      Reply
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  • StarGate
    ·2021-08-09
    Chance of getting listed on HK market is high compared to US ...what's your view. Share and like, please.
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  • WannaBluffy
    ·2021-08-09
    Like
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  • Ericlam
    ·2021-08-09
    Great news 
    Reply
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    • Ericlam
      nice
      2021-08-09
      Reply
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    • JT1806
      ??
      2021-08-09
      Reply
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  • 丰人
    ·2021-08-09
    Like.
    Reply
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    • Huat899
      Pls like and comment back, thanks
      2021-08-09
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  • Pplymm
    ·2021-08-09
    Like 
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    • kingkrimson
      Lets go
      2021-08-09
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    • Huat899
      Pls like and comment back, thanks
      2021-08-09
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