TikTok parent company ByteDance has signed an agreement to sell its stock app Dolphin Stock to ChinaLin Securities for RMB 20 million ($3.15 million), as reported by Reuters. After the deal, ChinaLin Securities will acquire the full equity of Dolphin Stock, which was founded in 2017 and provides financial and securities information. Third-party evaluation of the Dolphin Stock app showed that it had 319,000 monthly active users as of August 2021, as reported by Reuters. Bytedance revealed last year that it has plans to sell its securities-related businesses, which some analysts attributed to increased regulatory pressure on private FinTech services. [Reuters, in Chinese]