HK Stock Market Move | MEITU(01357) increased by nearly 4%, AI Agent topped the domestic App Store category list, and the net profit for the first half of the year is expected to increase significantly after adjustment.

MEITU (01357) rose nearly 4%, as of the time of writing, it has risen by 3.76% to HKD 11.04, with a trading volume of 2.52 billion Hong Kong dollars. On the news front, it was reported that MEITU's AI Agent "RoboNeo", released recently, topped the domestic App Store category rankings on July 22nd. RoboNeo, as an AI intelligent entity focusing on imagery and design, stands out for its natural language interaction empowering visual creation, greatly reducing the threshold for professional creation. In addition, MEITU recently announced positive earnings, with adjusted net profit attributable to equity holders of the parent company in the first half of 2025 potentially increasing by about 65% to 72% year-on-year according to non-IFRS. Morgan Stanley released a research report stating that they have significantly raised MEITU's target price by 140%, from HKD 6.00 to HKD 14.40, while maintaining a "Hold" rating. Morgan Stanley believes that the AI design software RoboNeo launched by Meitu this month and the existing features of Meitu mark the beginning of Meitu's entry into the global e-commerce design market. Morgan Stanley has raised long-term forecasts for monthly active users (MAU), penetration rate of paid users, and average revenue per paying user (ARPPU), stating that execution remains the key to achieving higher growth.