---
title: "Meitu edges up to near 1-month high after BofA flags strong core growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294643165.md"
description: "Meitu edges up 0.64% to HK$4.75, near 1-month high. BofA reiterates buy with HK$74 target on core business growth."
datetime: "2026-08-03T05:12:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294643165.md)
  - [en](https://longbridge.com/en/news/294643165.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294643165.md)
generator: "portal-rs"
---

# Meitu edges up to near 1-month high after BofA flags strong core growth

Meitu Inc. (1357.HK) edged up **0.64%** in Hong Kong trading to **HK$4.75**, reaching a near one-month high after surging more than 3% within five minutes intraday. The move followed a bullish report from BofA Securities on the company's core business outlook.

BofA said Meitu's core "Imaging and Design Products" segment is expected to post first-half revenue growth of 30.9% year-over-year, driving adjusted net profit up 36% YoY. The brokerage believes the company is on track to achieve its fiscal 2026 target of **13.5 billion yuan** in adjusted net profit. BofA maintained a "Buy" rating with a target price of **HK$74**, citing continued improvement from paid user growth and operating leverage.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**