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.