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TikTok proprietor ByteDance, which is pulling again from some enterprise sectors below scrutiny from Beijing, has offered an clever inventory market funding product to native brokerage ChinaLin Securities.The deal priced ByteDance’s wholly-owned subsidiary Beijing Wenxing On-line Expertise Co Ltd at 20 million yuan (US$3.16 million), ChinaLin mentioned in a press release posted on the Shenzhen Inventory Alternate web site.The securities enterprise operated the Dolphin Inventory app, launched in 2017 as ByteDance’s debut in…
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