ByteDance’s Seedance 2.0 AI Model Sparks Stock Rally in China’s Video Tech Race
February 9, 2026
ByteDance has released Seedance 2.0, an advanced AI video model still in beta. Selected users of Jimeng AI, ByteDance's video platform, experience cinematic realism with smoother camera moves and better visual consistency. Early adopters say the model blurs the line between AI-generated content and reality.
This launch has triggered a stock surge in Chinese media and AI companies. Shares in Huace Media climbed 7%, Perfect World jumped 10%, and COL Group hit a 20% daily limit.
Seedance 2.0 supports multimodal inputs including text, images, audio, and video. This makes creating professional-level video clips easier, without needing expert editing skills. Testers are impressed by the lifelike characters and precise video editing controls it provides.
"With its reality enhancements, I feel it’s very hard to tell whether a video is generated by AI," said Wang Lei, a programmer from Guangdong.
This breakthrough adds fuel to China's growing AI video technology battle, hinting at big changes in filmmaking and content creation.
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Tags:
Bytedance
Seedance 2.0
Ai Video
Stock rally
Chinese Media
Ai Filmmaking
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