Hong Kong police point out people chanting slogans at protests on July 1.
Photo: Jayne Russell/Zuma PressHONG KONG—TikTok, the buzzy short-video platform owned by Chinese technology giant Bytedance Ltd., said today it would pull out of Hong Kong within a week in light of “recent developments” in the city.
Last week, mainland Chinese authorities imposed a fast-tracked national-security law on Hong Kong that includes provisions empowering police to order internet companies take down content deemed threatening to national security. TikTok said it will pull its apps from Google and Apple app stores in the city and cease operations for existing users there, a spokesman said.
The Chinese company’s announcement came after U.S. tech giants Facebook, Twitter and Google announced changes to their operations in the city following the implementation of the new security law.
TikTok, which said last September it had about 150,000 users in Hong Kong, isn’t profitable in the former British colony, the company’s spokesperson said today.
This will be the second Asian market the social-media app has exited recently. TikTok stopped services to users in India last week after authorities there banned the app following military skirmishes with Chinese troops along a disputed land border.
Write to Liza Lin at Liza.Lin@wsj.com and Eva Xiao at eva.xiao@wsj.com
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