ByteDance 
TikTok 
Xiaomi 
Chinese smartphone giant Xiaomi is seeking to raise $6.1 billion from its IPO in Hong Kong - one of the world's biggest offerings, but at a lower valuation than previously expected.Xiaomi also decided to focus on Hong Kong for the IPO, withdrawing its application to Chinese authorities to sell through depository receipts that allow mainland investors to invest in a Chinese company listed outside the mainland.In an announcement made over the weekend, Beijing-based Xiaomi said it would offer 2.18 billion...
ByteDance
Chew
Shou
Zi
CEO, TikTok
When Chew was tapped to be CFO of ByteDance in March 2021, the common wisdom was he was chosen to lead the Beijing-based tech giant through an initial public offering, as he had for his previous employer, Chinese smartphone company Xiaomi. Two months later, he was also put in charge of its short-form video platform TikTok, replacing former Disney CEO Kevin Mayer, who resigned after just three months. Then in November, ByteDance announced Chew would vacate the CFO role to solely focus on TikTok. Chew is no stranger to the States, having earned an MBA from Harvard (and an economics degree from the University of London) and spent a summer working for Facebook back when it was a startup, which is important given the regulatory challenges TikTok has faced in the country, including an attempt by former President Trump to ban it.