HK Stock Movement | MEITU (01357) Rises Nearly 4% Again as 2025 Zcool Design Week Kicks Off; Institutional Data Shows Overseas Revenue Hit Record High in September

Stock News
10/28

MEITU (01357) rose nearly 4% again, with shares up 3.71% to HK$9.23 at the time of writing, recording a turnover of HK$329 million. On the news front, the 2025 Zcool Design Week commenced on October 28. According to reports, MEITU's founder, chairman, and CEO Wu Xinhong announced the launch of an AI design tool by Zcool, designed to assist designers in building AI-powered workflows.

CITIC Securities noted that high-frequency data indicates overseas revenue reached a new high in September. The combined revenue of MEITU's three core apps—Meitu XiuXiu, Meiyan Camera, and Wink—rose 38% year-on-year and 1% month-on-month, according to DianDian Data. Overseas revenue surged 56% year-on-year and 9% month-on-month, hitting a monthly record, while domestic revenue grew 29% year-on-year.

Additionally, MEITU has made comprehensive and effective progress in AI integration. With the fourth quarter marking the peak holiday season overseas, market watchers are keeping an eye on further product innovations and updates in high-frequency data.

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