On May 27, Meitu Inc rose 5.11% in regular trading, trading at HKD 4.88/share, with trading volume of approximately HKD 178 million, extending its recent rebound momentum.
On the news front, multiple positive catalysts continued to build. JPMorgan increased its holdings by approximately 7.66 million shares on May 18 at HKD 4.53 per share, raising its stake to 6%. Goldman Sachs maintained a Buy rating with a target price of HKD 14.3, citing AI model integration as a key driver for higher ARPU in productivity tools. Management noted plans to train proprietary vertical AI models to replace costly third-party APIs, which should reduce costs over the medium term.
On the fundamental side, the company disclosed AI productivity application ARR of approximately RMB 580 million, up 56.2% year-over-year. According to a UBS tracking report, April overseas total revenue grew 42% year-over-year, with Wink overseas revenue nearly doubling. The company has also repurchased approximately HKD 174 million worth of shares year-to-date, and its inclusion in the MSCI Global Small Cap Index is expected to attract passive capital inflows.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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