We have conducted a paleomagnetic investigation on the Middle–Upper Jurassic marine strata exposed in the hanging wall of the Tanggula Thrust system near the Yanshiping area, northern Tibet. Progressive demagnetization experiments successfully isolated stable magnetization over a broad spectrum of demagnetization temperatures. The mean direction of the characteristic remanent magnetizations for the Middle–Late Jurassic Yanshiping Group in stratigraphic coordinates (D/I (Declination/Inclination)=5.6°/60.3°, k=22.9, α95=12.9°, N=7s) is much more clustered than the mean direction in geographic coordinates (D/I=345.5°/37.2°, k=2.5, α95=48.4°), indicating magnetization was not acquired after folding. Although the conventional fold test is positive, incremental untilting test on the characteristic remanent magnetization reveals that a maximum value of precision parameter k occurs at 82.1±4.6% untilting (D/I=3.3°/57.8°, k=43.9, α95=9.2°), which indicates the ChRMs are probably acquired during Late Cretaceous folding. This synfolding magnetization component is therefore secondary. The corresponding pole position (84.4°N, 119.4°E with dp/dm=13.5/9.9°) is inconsistent with Jurassic–Early Cretaceous paleopoles of the region, but the paleolatitude is consistent with the Late Cretaceous paleolatitude observed in the Qiangtang terrane and its periphery. The synfolding component is carried by both magnetite and hematite, which were identified by isothermal remnant magnetization acquisition experiments, unblocking temperatures of stable magnetic components, and Curie temperature determination and correlated with observed hydrothermal veins. Available geological evidences indicate that the synfolding magnetization is probably the result of chemical remagnetization caused by orogenic fluids or hydrothermal sources during the early uplift of the Tibetan Plateau.