TikTok owner ByteDance said to aim for Hong Kong IPO by early 2022

ByteDance Inc, the Chinese owner of short-video platform TikTok, has revived its plans to launch an initial public offering (IPO) and list in Hong Kong by early 2022, after addressing Chinese regulators’ concerns, the Financial Times reported on Sunday.

The world’s most valuable startup is planning to list in either the fourth quarter of this year or in early 2022, the FT reported, citing people 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 person as saying.