Core Viewpoint - ByteDance has publicly denied rumors regarding its potential listing on the Hong Kong stock exchange, suggesting that such speculation may be driven by attempts to manipulate "Byte concept stocks" [1][4]. Group 1: Company Background - Founded in 2012, ByteDance has evolved from a small company with only a few dozen employees to one of the highest-valued unicorns globally, backed by prominent investment firms such as Sequoia Capital China, Tiger Global Management, SIG Asia, and SoftBank Vision Fund [4]. - There have been multiple rumors about ByteDance's potential IPO, including plans for separate listings of its businesses in Hong Kong, the U.S., and Singapore, all of which the company has denied [4]. Group 2: Financial Performance - In August, it was reported that ByteDance's revenue for Q2 increased by 25% year-over-year, reaching approximately $48 billion, surpassing $43 billion in Q1, making it the highest-grossing social media company globally [5]. - The company's valuation is projected to exceed $330 billion, driven by sustained profit growth [5]. Group 3: Market Reaction - On September 25, shares related to the "Douyin concept" saw a price increase of nearly 2% in the morning, but the gains narrowed in the afternoon following the release of the denial regarding the IPO rumors [5].
将在港股上市?字节跳动回应:假消息!
Zheng Quan Shi Bao·2025-09-25 09:53