ByteDance

New appointments

ByteDance hires Xiaomi executive as CFO as it weighs IPO

ByteDance Ltd. hired Xiaomi Corp.’s Chew Shou Zi as its chief financial officer, fueling speculation over the social media giant’s plans to go public.

Investing ideas

You think 2020 was hot for Asia’s share sales? 2021 could sizzle

With an initial public offering queue that includes a potential float of some assets by the world’s most-valuable start-up ByteDance and the listing of its short-video rival Kuaishou Technology, 20

Asia stocks set to sizzle with list of debuts in 2021 - THE EDGE SINGAPORE

IPO

Asia stocks set to sizzle with list of debuts in 2021

With an initial public offering queue that includes a potential float of some assets by the world’s most-valuable startup ByteDance Ltd.

Company in the news

Bytedance moving to bigger Singapore office amid expansion plan

ByteDance Ltd., the Chinese owner of video app TikTok, is moving to a bigger office in Singapore’s financial district, paving the way for it to make the city-state its beachhead for the rest of Asi

Global Economy

Briefs

Quoteworthy: "Hong Kong investors’ love for HSBC is still there, but it’s indeed heart-breaking." –— Simon Yuen, founder of Surich Asset Management, referring to the ongoing slump

Tech

Remarks from Trump and Chinese government cast doubts on Oracle deal for TikTok

Doubts emerged Monday about Oracle Corp.’s deal to take over TikTok as President Donald Trump said he may still renege on his approval and the Chinese government signaled reluctance through state-o

Tech

Trump gives blessing to TikTok deal, delays app store ban

Donald Trump gave his blessing to Oracle Corp.’s bid for the American operations of TikTok, putting the popular video-sharing app on course to escape a US ban imposed as part of his pressure campai

Singapore economy

Why Singapore must be pleased to see Chinese tech giants coming to the city with investment plans worth billions of dollars

The more desperately Chinese firms seek a haven for their international operations, the more they’ll lean toward Singapore. Will their love be reciprocated? 

Broker's Calls

Tencent, ByteDance, Alibaba expansion here could bode well for HRnetGroup: CGS-CIMB

Despite the gloomy economic outlook and higher unemployment rate in Singapore, undervalued HRnetGroup could benefit from the expansion of Chinese tech firms here, according to CGS-CIMB Research.

Tech

Oracle wins deal for TikTok's US operations

Oracle Corp. is the winning bidder for a deal with TikTok’s US operations, people familiar with the talks said, after main rival Microsoft Corp.

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