MEITU (01357) experienced a significant surge in its stock price, soaring 5.92% during the intraday trading session. The stock's impressive performance comes amid a strengthening global AI narrative and key developments in the company's AI-powered services.

The global AI landscape has seen notable advancements recently, contributing to the positive sentiment around AI-related stocks. OpenAI's release of its improved video generation model, Sora 2, has garnered significant attention, with the Sora App quickly climbing to the top of the US App Store free charts. Additionally, Tencent's Hunyuan Image 3.0 recently outperformed competitors like Google's Nano Banana in text-to-image generation, further highlighting the rapid progress in AI technologies.

MEITU's stock price boost is also attributed to company-specific developments. The firm's subsidiary, MEITU Design Studio, has successfully integrated with Alibaba's business management platform, Qianniu backend. This integration allows MEITU to provide AI visual generation services, including product image generation, photo editing, and poster design, to Taobao and Tmall merchants. The move significantly expands MEITU's reach in the e-commerce sector and showcases the practical applications of its AI technologies.

This integration is part of a broader strategic cooperation between MEITU and Alibaba, which was established in May of this year. Industry observers anticipate that additional features, such as "AI Model Try-on" and "Poster Editor," may be integrated into the Qianniu backend in the future, potentially opening up new revenue streams and growth opportunities for MEITU.