Review under pressure or spin off? Byte bounce: no comment - 幸运快三

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Review under pressure or spin off? Byte bounce: no comment

作者:admin  时间:2020-08-05 22:37  人气:187 ℃

According to Reuters on July 31, people familiar with the matter informed Reuters that byte beat, a technology giant, is considering listing its domestic business in Hong Kong or Shanghai, and byte beat is more beneficial to Hong Kong.

According to Reuters on July 31, people familiar with the matter informed Reuters that byte beat, a technology giant, is considering listing its domestic business in Hong Kong or Shanghai, China.

According to a person familiar with the matter, the discussions on listing in the two places are based on the investigation of tiktok's user data processing methods conducted by the US Commission on foreign investment (CFIUS) in the past years, showing the platform of Qinghai Kuai San, which is not inspired by the recent plan of investors picking out a separate acquisition of tiktok.

review listing plan under pressure

According to two known lovers, there are platforms of Qinghai Kuai San and Qinghai Kuai San in these two regions. Byte skipping can benefit Hong Kong more.

One of the people familiar with the matter said that the byte was constantly negotiating with the Hong Kong Stock Exchange (HKEx) on listing. The company is also in discussions with China's securities regulators. At the same time, byte hopping is also exploring overseas operations (including tiktok) in Europe or the United States.

The original of the eight year old company is expected to list in New York or Hong Kong, China, with its conglomerates including tiktok and other businesses.

However, the idea of its listing is to show, because its exercise faces more and more scrutiny pressure including the United States, India and the United Kingdom.

At the same time, Chinese companies listed in the U.S. are also facing financial review by rigal and more audit requests from US regulators.

In addition, people familiar with the matter also stressed that the idea of listing the Chinese and overseas businesses with byte beating and the discussion on the location are still in the preliminary stage, and can be changed at any time.

declined to comment on this. However, according to the HKEx, there is deviation from individual companies' comments. At the same time, the CSRC did not respond to a plea for comment.

Is

valued at $140 billion?

In May this year, byte beat's valuation was as high as $140 billion, when cheetah mobile, one of its shareholders, secretly sold a one-sided stake in a young company, bringing in $66 million in investment income.

But with tiktok under increasing pressure from US regulators, some heavyweight investors are looking to buy tiktok for $50 billion.

Two people familiar with the matter said that a separate listing would make its star market in Hong Kong or Shanghai valued at more than $100 billion.

In 2019, the profit of byte jump in China is about 16 billion US dollars. In contrast, tiktok generated about $2.9 billion in profits overseas in 2019, while the company's 2020 revenue is now about RMB200 billion (US $28.62 billion).

Tiktok jumps of

bytes are also coming from advertisements on China's sports, including the shaking of the news and the news match, the exercise of today's headlines, and the video streaming media's use of watermelon and pewskin shrimp.

(source: times finance and Economics)



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