Meitu rises over 8% on founder buy, AI growth

Meitu (1357.HK) surged more than 8% during regular trading to HK$4.290.

The company's founder and chairman, Wu Zeyuan, purchased 1.6 million shares at an average price of HK$4.023, totaling approximately HK$6.44 million. The stake now stands at roughly 12.97%.

Meitu also launched its ThinkX V6 model, with overseas monthly active users exceeding 100 million. Paid subscribers grew 30.2% in Q1 2026, while annual recurring revenue from AI productivity applications jumped 56.2%. AI imaging now accounts for 76.6% of revenue.