Trump says 4 bidders in play for TikTok’s US business in deal expected ‘soon’


ByteDance-owned TikTok faces a deadline of April 5 to strike a deal for its US operations or be banned from the country’s app stores
ByteDance-owned TikTok faces a deadline of April 5 to strike a deal for its US operations or be banned from the country’s app stores
The two tech hubs saw their populations swell in 2024, defying China’s broader demographic decline China’s technology hubs of Shenzhen and Hangzhou posted strong population growth in 2024, as the cities bucked the country’s broader demographic decline by attracting a wave of migrants. Local governments across China
Earnings took into account HK$5.66 billion (US$729.3 million) of deficit from a revaluation of investment properties Wharf Real Estate Investment Co, one of Hong Kong’s biggest commercial landlords, said earnings tumbled last year as revenue from investment and hotel properties declined and a multi-year slump
The most important consideration for a Hong Kong listing has always been to hedge against US risks after Trump’s return, CFO Simon Cai says Full Truck Alliance (FTA), China’s “Uber for trucks”, could revisit plans for a second listing in Hong Kong following a rebound in investor sentiment
Shenzhen-listed Muyuan is looking to hire banks for a possible share sale sometime this year, according to sources Muyuan Foods, one of the world’s biggest pig breeders and pork producers, is considering a second listing in Hong Kong that may help it to raise at least US$1 billion,