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. The firm’s ambition of going public comes at a time when the Chinese government is trying to regulate big tech more than ever with multiple companies canceling their IPOs. According to a report from Financial Times, the TikTok-owner is planning to go public on the HK stock exchange later this year or early next year. In July, Wall Street Journal noted that the company had shelved its plans for an IPO