ByteDance considers listing Douyin in New York or Hong Kong: sources

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By Yingzhi Yang and Julie Zhu
BEIJING/HONG KONG (Reuters) - ByteDance is in talks about a possible offshore listing of its short video app Douyin, the Chinese version of TikTok, in New York or Hong Kong, two people familiar with the matter said.
The TikTok owner's exploration of an initial public offering (IPO) of Douyin in New York has emerged recently, according to the people. ByteDance earlier considered a standalone IPO for Douyin in Hong Kong, Reuters reported in October.
The company had also been considering listing some of its Chinese businesses including news aggregator Toutiao in Hong Kong or on Shanghai's STAR market.
Beijing-based ByteDance was one of the candidates that Chinese regulators courted for years for a potential stock market debut on Nasdaq-style STAR Market, separate sources ...


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