Information from the Hong Kong Stock Exchange reveals a significant share purchase by JPMorgan Chase on May 29th.

The financial institution acquired 27.747 million shares of MEITU (01357) at an average price of approximately HK$4.4112 per share.

The total consideration for this transaction amounted to around HK$122 million.

Following this purchase, JPMorgan Chase's total holding in the company has reached approximately 290 million shares, representing a 6.33% ownership stake.