Douyin VP Li Liang denies rumors labeling ByteDance as the largest short seller of the Hang Seng Tech Index. The claims surfaced after ByteDance's Seedance 2.0 video generation model went viral online before Spring Festival. He dismissed the rumors as absurd and orchestrated by influencers.
Key Points
- 1.ByteDance launched Seedance 2.0 video generation model before Spring Festival
- 2.Model achieved massive online popularity and industry attention
- 3.Rumors accused ByteDance of being top Hang Seng Tech Index short seller
- 4.Douyin VP Li Liang publicly denied claims as illogical and organized
Impact Analysis
Reinforces ByteDance's AI leadership amid market skepticism, potentially stabilizing investor sentiment around Chinese tech AI firms.


