MEITU (01357.HK) stock is soaring 6.50% in intraday trading on Monday, reaching HK$9.09 per share. The significant uptick comes as AI application concept stocks show strong performance across the Hong Kong market.

Earlier in the day, several AI-related stocks demonstrated robust gains, signaling increased investor interest in the sector. MEITU's impressive rise is part of a broader trend, with the company's involvement in AI applications likely driving the positive sentiment.

Other notable performers in the AI application space include Fenbi (02469.HK), up 7.14% to HK$3, and MOBVISTA (01860.HK), climbing 5.27% to HK$18.78. Additionally, Maifushi (02556.HK) and Yuewen Group (00772.HK) also posted gains of 4.64% and 3.40%, respectively, further underlining the sector's strength in today's trading session.