If bytedance lists on Hong Kong exchange, what sort of an upside can you expect? Same as if it were to list in US?
Not as high valuation. No upsides for us investors.
I think the bigger issue that we won't get around is the CCP being able to pull the rug at any point like they just did with education in China. The stock could be $200 and then with one announcement its half that. That risk will be priced in leading to much lower multiples than a real US tech company.
Not happening anytime bro, if it does would not be as big as the us. Check historical data