4 ms·

Have a look at the golden shares part of that, 1% gets you a lot. https://markets.businessinsider.com/news/stocks/tiktok-ban-bytedance-golden-shares-chinese-go

• atlintots 2y ago
  Per the article, those shares are not in TikTok: > The ByteDance unit that sold golden shares to China's government holds the licenses of Toutiao and Douyin to operate under local law. So those shares don't mean much as far as TikTok's operations are concerned.