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IPO

China's ByteDance aims for Hong Kong IPO despite tech crackdown

TikTok-owner has addressed regulators' data security concerns in bid to list by early next year

ByteDance has switched its focus from a possible New York listing to one in Hong Kong as Beijing ratchets up its scrutiny of the country's tech companies.   © Reuters

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.

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