Chinese short video platform Douyin now counts about 40 per cent of Hong Kong’s 7.5 million residents as users, about five years after social media giant ByteDance suspended the operation of hit global app TikTok in the city. The number of monthly active users (MAUs) of Douyin in Hong Kong has already surpassed 3 million, according to a report on Tuesday by Guangzhou-based newspaper Southern Metropolitan Daily. That marked a nearly 150 per cent MAU growth from the end of 2022. Beijing-based...