---
title: "MEITU initially rose nearly 18%, BYD and POP MART hit new highs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241135584.md"
description: "The stock price of BYD Company Limited on the Hong Kong stock market has risen above HKD 450, reaching a new high with an intraday increase of nearly 2%. POP MART rose over 3%, reaching a peak of HKD 216.6, also a new high. MEITU initially surged nearly 18%, after the company agreed to issue approximately USD 250 million in three-year convertible bonds to Alibaba Network China and plans to collaborate with it in areas such as e-commerce, AI technology, and cloud computing"
datetime: "2025-05-21T01:47:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241135584.md)
  - [en](https://longbridge.com/en/news/241135584.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241135584.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/241135584.md) | [繁體中文](https://longbridge.com/zh-HK/news/241135584.md)


# MEITU initially rose nearly 18%, BYD and POP MART hit new highs

The stock price of BYD Company Limited on the Hong Kong stock market has risen above HKD 450, reaching a new high, with an intraday increase of nearly 2%. POP MART rose over 3%, reaching a peak of HKD 216.6, also a new high. MEITU initially surged nearly 18%, after the company agreed to issue approximately USD 250 million in three-year convertible bonds to Alibaba Network China, and plans to engage in strategic cooperation with it in areas such as e-commerce, AI technology, and cloud computing.

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