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21.11.25 - 10:00
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H Shrs: HSI Finishes Down 615Pts; AI Concepts & Pharmas Soft (AAStocks)
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The HSI plunged 615 points, or 2.4%, to close at 25,220. The HSCEI slid 223 points, or 2.4%, to close at 8,919. The HSTECH sank 179 points, or 3.2%, to close at 5,395. Total market turnover was HK$285.702 billion.AI concept stocks tapered off. BABA-W (09988.HK) and BIDU-SW (09888.HK) tumbled 4.7% and 5.8% respectively. MEITU (01......
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19.11.25 - 13:00
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Chinese crypto founders shelve US$500 million ether digital asset treasury plan (SCMP)
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Some of China's cryptocurrency heavyweights have called off a US$500 million ether digital asset treasury (DAT) project, as the broader crypto market remains in a slump, according to people familiar with the matter.
The project was initiated earlier this year by Huobi founder Leon Li Lin, HashKey Group chairman and CEO Xiao Feng, Meitu co-founder Mike Cai Wensheng and Fenbushi Capital founder Bo Shen, who aimed to raise US$500 million to launch a DAT firm that would invest in the world's......
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03.10.25 - 06:30
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Midday Takeaway: HSI Closes Midday at 27,049, Down 237 pts; HSTI Closes Midday at 6,586, Down 96 pts; BYD COMPANY Down over 4%; SH ELECTRIC, CGN MINING, JIANGXI COPPER, MEDBOT-B, BRILLIANCE CHI Hit New Highs (AAStocks)
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At midday close, HSI dropped 237 pts or 0.9% to 27,049. HSTI dropped 96 pts or 1.4% to 6,586. HSCEI fell 100 pts or 1.0% to 9,624.Active Heavyweights:XIAOMI (01810.HK) closed at $55.05, down 1.3%HKEX (00388.HK) closed at $448.4, down 0.6%TENCENT (00700.HK) closed at $673.5, down 0.4%BABA (09988.HK) closed at $183.7, up 0.3%MEITU......
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30.09.25 - 11:15
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MEITU DesignKit Integrates with BABA-W's Quick QianNiu Backend (AAStocks)
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MEITU (01357.HK) and BABA-W (09988.HK)(BABA.US) reached a strategic cooperation in May. Recently, MEITU's DesignKit integrated with BABA-W's Quick QianNiu backend. The first batch of features launched is 'AI product image', providing AI visual generation services for Taobao and Tmall merchants.~AASTOCKS Financial......
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18.09.25 - 11:45
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Cai Wensheng Reduces Stake in MEITU by 3.5M Shrs, Cashing Out $33.48M+ (AAStocks)
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Cai Wensheng, the founder and a substantial shareholder of MEITU (01357.HK), reduced his holdings by a total of 3.5 million MEITU shares on Monday (15th) on market, according to the Stock Exchange's disclosure of interests. The shares were sold at an average price of $9.5675 per share, cashing out approx. $33.4863 million in......
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05.09.25 - 12:00
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CNEWECON FUND Appoints MEITU Founder Cai Wensheng as Chairman (AAStocks)
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Cai Wensheng has been appointed as a non-executive Director, the chairman of CNEWECON FUND (00080.HK) and the chairman of the Nomination Committee; while Hong Yupeng has been appointed as a non-executive Director, with effect from 5 September 2025, according to CNEWECON FUND's announcement.Cai is the founder and currently a ......
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04.09.25 - 05:01
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Meitu CFO on Business Strategy, AI Opportunities (Bloomberg)
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Gary Ngan, CFO at Meitu, discusses the company's business strategy and the opportunities with AI. He speaks with Avril Hong from the sidelines of the “Goldman Sachs Asia Leaders Conference” in Hong Kong.
(Source: Bloomberg)...
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02.09.25 - 05:15
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Research: CLSA Reiterates Rating at Outperform on MEITU w/ TP $14.1 (AAStocks)
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Google recently launched an AI image editing tool called Nano Banana aimed at content creators, marketers and e-commerce merchants, according to CLSA's research report. Following the product release, MEITU (01357.HK)'s stock price declined yesterday, reflecting market concerns over intensified competition.However, the br......
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02.09.25 - 05:15
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Research: UBS Remains Positive on MEITU with TP $14.1, Recommends Buy (AAStocks)
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Google recently launched the image editing and generation model "Nano Banana", while the stock price of MEITU (01357.HK) slumped yesterday (1st), UBS research report said. The broker believed the volatility mainly reflected investor concerns about potential industry disruption due to AI technology following the model......
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01.09.25 - 05:00
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MEITU Nosedives 13%; Google Launches New AI Image Editing Model (AAStocks)
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MEITU (01357.HK) opened flat today (1st) but was thrown into a downtrend afterward, once sinking to a bottom of HKD10.05. It last traded at HKD10.32, down 12.69%, with a volume of 138 million shares, involving HKD1.451 billion.Google has launched the Gemini 2.5 Flash Image, a new-generation model for image creation and editing w......
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19.08.25 - 06:12
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Meitu Reports Strong First Half 2025 Financial Results as AI Applications Drive Global Growth (Business Wire)
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HONG KONG--(BUSINESS WIRE)--Meitu, Inc. (1357.HK), a Hong Kong–listed AI technology company with a focus on the photo and video industry, today announced its unaudited consolidated results for the six months ended June 30, 2025. Adjusted net profit reached RMB 467 million, up 71.3% year-on-year, while total revenue grew 12.3% year-on-year to RMB 1.8 billion, reflecting strong adoption of Meitu's AI-powered photo, video, and design products. These results highlight the impact of the company's strategic focus on “Productivity and Globalisation.”
Paid Subscribers Reach 15.4 Million, Driving Core Revenue Growth
Revenue from photo, video, and design products rose 45.2% year-on-year to RMB 1.35 billion, representing over 74% of total revenue. Underpinning this growth is a 42% year-on-year increase of paying subscribers, which reached a new high of 15.4 million with a paying subscription rate of 5.5%. Monthly active users (MAUs) totaled 280 million, up 8.5% year-on-year, as the company's core products M...
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