Seoul, Sept. 16 -- South Korean stocks with ties to TikTok rose Tuesday morning after reports that the United States and China reached a broad agreement on the platform's future in high-level trade talks held in Spain, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

Online ad company Wisebirds' shares climbed 5.58 per cent to 1,117 won (USD 0.81) as of 9:20 a.m., while those of digital marketing firm MOBIDAYS gained 3.43 per cent to 1,960 won. Both companies are official partners of TikTok.

TikTok has faced security concerns in the United States due to its Chinese parent company ByteDance, with critics warning it could be used by Beijing for hacking or data theft.

Meanwhile, webtoon-related stocks also ...