Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai.
Of the two venues, ByteDance prefers Hong Kong.
China accounts for around $16 billion of ByteDance's revenue in 2019.
A standalone listing could value the China business at over $100 billion in Hong Kong or in Shanghai.
ByteDance is also studying the option of listing its smaller, non-China business in the US and Europe.
Bytedance originally wanted to list as a combined entity, including TikTok and other operations, in New York or Hong Kong.
The idea of splitting the whole business into two public listings was due to concerns over US regulatory scrutiny and uncertainty over whether a 2013 audit deal between Beijing and Washington will remain intact.
US regulators have spoken about banning TikTok or requiring ByteDance to sell it, over suspicions that China could force its owner to turn over US user data.
The discussions about the two listings were initiated after the Committee on Foreign Investment in the United States (CFIUS) investigated TikTok's handling of user data last year.
ByteDance was valued at as much as $140 billion earlier this year.


OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy
Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO
Super Micro Employees Detained in Taiwan AI Server Export Investigation
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows
DOJ Seeks Dismissal of Gautam Adani Bribery Case, Citing Foreign Scope
Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027
Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 



