ByteDance not in preliminary talks to list TikTok on NYSE: Source

ByteDance is not in preliminary discussions about listing video app TikTok on the New York Stock Exchange (NYSE), a person familiar with the matter said, following a Chinese media report that talks were underway.

The Global Times, published by China’s ruling Communist Party’s official People’s Daily newspaper, said earlier on its Twitter account that ByteDance was in preliminary talks about a NYSE listing. Shortly after, it tweeted that ByteDance had denied the report.

No such talks were being held, said the source, who declined to be named as they were not authorised to speak publicly on the matter.