On June 22, Meitu Inc fell 5.25% in regular trading, trading at HKD 4.14/share with turnover of HKD 176 million, extending the previous session's 6.61% decline.

On the news front, Meitu held its Imaging Festival on June 18, launching 8 AI products including four new offerings and four upgraded products. However, the market reaction was muted as investors deemed the product lineup lacking standout innovation. Additionally, the company released a supplementary announcement regarding a prior trading halt caused by an employee accidentally disclosing financial information on the company's official Douyin account in March. Market sources indicated Morgan Stanley sold approximately 10 million shares near the close of the prior trading session, intensifying institutional selling pressure.

Notably, both UBS and Everbright Securities maintain \"Buy\" ratings on the stock, with UBS setting a target price of HKD 8.4 and Everbright forecasting adjusted net profits of RMB 13.5/16.8/20.0 billion for 2026-2028. Within the Interactive Media and Services sector, the broader sector traded lower, with Tencent down 1.45%, Kuaishou down 2.24%, Baidu down 2.86%, and Bilibili down 2.96%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)