Hong Kong's Democratic Party said Thursday it is formally dissolving what once was the main political opposition group in the city. A task force has been set up to handle the legal and financial details of dissolution.

Investors have marked up ByteDance in recent months despite a US edict forcing a sale or blockade of TikTok.. Read more at straitstimes.com.

TikTok and ByteDance are still opposed to a sale and are in talks with the Trump administration on a deal that would allow U.S. backers to own a larger share of the company, one person said. The talks are being spearheaded by U.S. Vice President JD Vance and national security advisor Mike Waltz, the person added.