Fund of ByteDance founder Zhang Yiming gets Hong Kong asset management licence

Fund of ByteDance founder Zhang Yiming gets Hong Kong asset management licence

A private investment fund created last year by billionaire Zhang Yiming – founder of TikTok’s Chinese parent company ByteDance – has received a licence from Hong Kong’s securities regulator to conduct asset management, paving the way for the young entrepreneur to use Hong Kong as a base to manage his wealth. The Securities and Futures … Read more