On June 1, Meitu Inc rose 8.26% in regular trading, trading at 4.82 HKD/share, with trading volume of approximately HKD 121 million. The rally was primarily driven by the dissipation of passive selling pressure following the MSCI Global Small Cap Index rebalancing, combined with continued AI business catalysts.

On May 29, the MSCI quarterly rebalancing officially took effect, triggering concentrated index fund selling in the final trading session that heavily pressured the stock. Notably, the short-selling ratio on that day was only 1.22%, confirming that the sell-off stemmed from passive rebalancing rather than active shorting. With the forced adjustment now complete, the stock is experiencing a technical recovery.

Meanwhile, multiple fundamental tailwinds continue to support sentiment. The company was recently named an AI Overseas Pioneer and selected for the Global AI 100 list, validating its overseas commercialization prospects. JPMorgan increased its stake by approximately 7.66 million shares to 6% ownership, while Goldman Sachs maintains a Buy rating with a target price of HKD 14.3. The company disclosed AI productivity app ARR of approximately RMB 580 million, up 56.2% year-over-year, with April overseas revenue growing 42%.

(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.)