On August 18, MEITU fell 5.07% in regular trading, trading at 4.3 HKD/share, with turnover of approximately 95.3 million HKD.

On the news front, the Interactive Media & Services sector weakened broadly, with Tencent down 1.84%, Kuaishou down 3.59%, and Bilibili down 3.31%, creating widespread selling pressure across the sector. Meanwhile, market participants have expressed growing concerns over the sustainability of MEITU's AI business growth trajectory. Analysts noted that monthly active user growth for its productivity applications has decelerated significantly from prior highs, while the newly launched RoboNeo product has seen C-end user retention fall short of expectations. Additionally, rising computing power and API-related costs are creating headwinds for gross margins.

For context, MEITU's half-year preliminary results released in late July showed adjusted net profit growth of 36%-40% year-over-year, and AI productivity application ARR rose 47.8% to approximately RMB 620 million. Multiple brokerages including Citi, UBS, and Goldman Sachs recently initiated or maintained Buy ratings with target prices ranging from 7 to 12.3 HKD, suggesting the current price implies significant downside from consensus targets. The company is scheduled to release its interim results on August 26.

(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.)