Hong Kong Stock Movers | Meitu Inc (01357) Rises Nearly 5% Intraday; Q3 AI Productivity App ARR Up 40.1% Year-on-Year

Stock News10-26

Meitu Inc (01357) rose nearly 5% during intraday trading, up 3.15% as of press time at HK$3.77, with turnover of HK$111 million.

On the news front, on October 23, Meitu Inc released an announcement stating that paid subscriber numbers increased by approximately 1.39 million net this quarter, marking a new high over the past four quarters. As of September 2026, paid subscribers reached 19.83 million. Among them, paid subscribers from productivity applications grew 18.3% year-on-year to 2.39 million, while paid subscribers from lifestyle scenario applications grew 24.1% year-on-year to 17.44 million.

At the same time, the growth rate of paid subscribers from international markets continued to outpace that of the Chinese mainland market. As of September 2026, ARR for AI productivity applications was RMB 655 million, up 40.1% year-on-year. Among them, the ARR of Kaipai and Vmake Labs both more than doubled compared to the same period last year. In Q3 2026, the Group's main business "imaging and design products" revenue (unaudited) grew 28.2% year-on-year to RMB 1 billion, of which productivity application revenue grew 42.3% year-on-year, accounting for approximately 20% of imaging and design product revenue.

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