Core Viewpoint - ByteDance has denied rumors regarding its potential listing in Hong Kong, suggesting that such speculation may be an attempt to manipulate "Byte concept stocks" [2][4]. Group 1: Market Reaction - On September 25, the A-share Byte concept stock sector rose by 1.92% at one point, closing with a 0.8% increase, with notable stocks like Tianxiaxiu and Inspur Information hitting the daily limit [4]. - The H-share Byte concept stock sector also saw a 0.46% increase, with Fubo Group rising by 6% and several other companies gaining over 2% [4]. Group 2: Company Background and Valuation - ByteDance, established in March 2012, operates products like Toutiao, Douyin, and Xigua Video, with a global presence in 150 countries and regions [4]. - The company has been rumored to consider independent listings for parts of its business, with a valuation reaching up to $400 billion, especially after the appointment of CFO Zhou Shouzi in 2021 [4]. Group 3: Financial Performance - ByteDance reported approximately $48 billion in revenue for Q2 2025, marking a 25% year-over-year increase, surpassing Meta's revenue of $47.516 billion, which grew by 22% during the same period [5]. - The company's stock options have seen a significant increase, with the price rising to $200.41 per share in August, up from $189.9 in April 2025, reflecting nearly a fivefold increase since 2019 [5].
字节跳动否认将在港股上市
Xin Lang Cai Jing·2025-09-25 07:29