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A comment on TikTok Parent ByteDance Sees Losses Swell in Push for Growth. Parent comment

Re:TikTok Parent ByteDance Sees Losses Swell in Push for Growth by encoderer on Thursday October 06, 2022 @03:36PM (#33112945)
Chinese stocks do not IPO like that. They create a special shell company that is entitled to the profits of the company, and they ipo that shell.
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