CTMEITU@EC2611A

2026 China AI Application Report Shows 449% YoY Growth in AI Creation Daily Active Users

Visual AI Company Chance AI Secures Millions in Funding Led by Meitu

Meitu Stock Surges, Goldman Sachs Maintains Buy Rating and Optimizes AI Integration Outlook

April 2026 China Non-Game App Overseas Revenue Ranking Released: ByteDance First, Meitu Fourth

Meitu Discloses Q1 2026 Performance: AI Computing Power Consumption Surges 59%

Meitu Imaging Research Institute Unveils the New RoboNeo 'Imaging Creation Agent Teams' Mode

Huachuang Securities Maintains Positive Rating for Meitu, Analyzes Business Growth

East Securities Analyst Maintains Buy Rating on Meitu with a Target Price of HKD6.53

BofA Securities Maintains Buy Rating on Meitu with Price Target at HKD 7.40

Goldman Sachs Report: Meitu Sees Revenue and Paid User Growth, Maintains Buy Rating

Meitu's stock price rises at open, CLSA maintains 'outperform' rating

Meitu's Imaging Research Institute Publishes 6 Academic Papers in Top Conferences

Meitu Announces Q1 2026 Paid Subscription User Growth of 30.2%

Meitu Upgrades RoboNeo Image Creation Agent Teams

Meitu repurchased 2.4195 million shares for HKD 10.0011 million

Meitu's AI Agent RoboNeo Integrates HappyHorse Model and Seedance 2.0

Meitu Proposes Charter Revision and Plans for Shareholder Vote at Annual General Meeting

BlackRock Reduces Position in Meitu

Guotai Junan Maintains Buy Rating and Sets Target Price for Meitu

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MEITUshares rose by 5.1% following a report from G Sachs, which stated that AI integration is expected to enhance the company's average revenue per user. The stock opened 1.55% higher, reaching a peak of HKD4.86, and is currently trading at HKD4.75. G Sachs maintained a 12-month target price of HKD14.3 and reiterated a Buy rating on the stock.

AASTOCKS News

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MEITU  Gains Over 5% as G Sachs Says AI Integration Supports Paid Revenue

MEITU's first-quarter report shows that with the increase in demand for AI product images, short videos, and commercial content generation, revenue grew by 34.3% year-on-year. The annual recurring revenue (ARR) from AI productivity applications increased by 56.2%, with the number of paid subscription users reaching 17.9 million, a year-on-year increase of 30.2%. MEITU is gradually transforming into a usage-based AI content platform, and the market is re-evaluating its valuation logic, with the stock price rising by 11.2% after the announcement

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AI productivity demand explodes, MEITU accelerates commercialization

In a report released on May 6, from Bank of America Securities maintained a Buy rating on Meitu, with a price target of HK$7.40. The company’s shares closed last Wednesday at HK$4.66.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Meitu is a Strong Buy with an average price target of HK$7.76.

Tip Ranks

Bank of America

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BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Meitu (MEIUF) Gets a Buy from Bank of America Securities

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During intraday trading on May 8, Hong Kong's three major indices fluctuated lower, with both the Hang Seng Index and the Hang Seng Tech Index falling more than 1%. Affected by the sharp drop in US chip stocks overnight and geopolitical risks, Hong Kong's semiconductor sector plunged collectively, with HUA HONG SEMI and SMIC seeing significant declines. Meanwhile, market funds showed a clear shift from high to low valuations and structural gaming. AI application concept stocks performed actively, with MEITU surging more than 14%; toy trend leader POP MART rose more than 5% against the trend, driven by position adjustments by well-known investors, with extremely active trading

- On May 8, Hong Kong's major stock indices experienced declines, with the Hang Seng Index reflecting overall weakness.  
- Semiconductor stocks were heavily impacted following a drop in the Philadelphia semiconductor index and concerns over AI chip supply, while companies like Meitu and Pop Mart saw significant gains.  
- The lithium battery sector also faced downward pressure, with notable drops from Tianqi Lithium and Ganfeng Lithium, despite Xiaomi's stock rising amid strong profit expectations.

Market Pulse

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Hong Kong Stocks Intraday | Three Major Indices Fluctuate and Weaken, Semiconductor Sector Plunges, AI Applications and POP MART Buck the Trend

MEITUshares rose by 10.38% following a CLSA report highlighting positive 1Q operating data and growth in overseas markets. The stock peaked at HKD5.25, with a turnover of HKD497 million. CLSA noted MEITU's valuation at approximately 14x 2026 adjusted PE and a projected 18% EPS CAGR over three years. While a re-rating may take time, strong growth momentum suggests a potential rebound as investor focus shifts back to the software sector. CLSA maintains an Outperform rating on MEITU.

MEITU  Jumps 10% as CLSA Says 1Q Data Supports Valuation

G Sachs maintains a Buy rating on MEITU, citing strong demand driven by AI agent integration. The company reported a 34% YoY increase in image and design product revenue to RMB852 million. Productivity tools revenue rose 45% YoY, and leisure tools revenue increased by 36%. The number of paying subscribers grew to 17.9 million, up from 16.9 million last year. G Sachs remains optimistic about user growth and average revenue per user, keeping the target price at HKD14.3.

G Sachs Maintains MEITU  Buy Rating on AI Agent Integration Driving Demand

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NEW VISION CO(02632) rose 21.88%, with a trading turnover 41.7 Million HKD, and a year-to-date rose 137.6%. MONTAGE TECH(06809) rose 16.78%, with a trading turnover 1.9 Billion HKD, and a year-to-date rose 200.9%. DELTON(01989) rose 14.5%, with a trading turnover 657.1 Million HKD, and a year-to-date rose 198.8%.

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Top 10 HK Stock Gainers (5.6)

Shares of Meitu surged 16% to 4.86 Hong Kong dollars following a strong quarterly update. The company reported a 34% increase in first-quarter revenue from its core business, while AI credit consumption rose 59% in March. Meitu's annual recurring revenue for AI applications reached approximately 580 million yuan, up 56% year-over-year. Jefferies maintained a buy rating with a target price of HK$7.00, citing increased user engagement with AI features as a key driver of demand.

MorningStar

Jefferies Financial

Meitu Shares Jump After Quarterly Update

MEITUreported a 30.2% YoY increase in paying subscribers, reaching over 17.9 million in 1Q26. Revenue from core Imaging and Design Products rose 34.3% YoY to RMB852 million, with productivity applications growing 45.4% and lifestyle applications increasing 35.5%. The annual recurring revenue (ARR) for AI productivity applications reached approximately RMB580 million, up 56.2% YoY. The Group's AI computing credit consumption surged, indicating enhanced user engagement and driving revenue growth.

MEITU  1Q26 Paying Subscribers +30.2% YoY, AI Productivity Apps ARR +56.2% YoY

CTMEITU@EC2611A(29572.HK)

MEITU Gains Over 5% as G Sachs Says AI Integration Supports Paid Revenue

AI productivity demand explodes, MEITU accelerates commercialization

Meitu (MEIUF) Gets a Buy from Bank of America Securities

Hong Kong Stocks Intraday | Three Major Indices Fluctuate and Weaken, Semiconductor Sector Plunges, AI Applications and POP MART Buck the Trend

MEITU Jumps 10% as CLSA Says 1Q Data Supports Valuation

G Sachs Maintains MEITU Buy Rating on AI Agent Integration Driving Demand

Top 10 HK Stock Gainers (5.6)

Meitu Shares Jump After Quarterly Update

MEITU 1Q26 Paying Subscribers +30.2% YoY, AI Productivity Apps ARR +56.2% YoY