On June 9, Meitu rose 5.67% in regular trading, trading at HK$5.03/share, with trading volume of HK$144 million, staging a sharp rebound after falling nearly 6% in the previous session due to a US market selloff.

On the news front, the HK Interactive Media and Services sector saw broad recovery, with Tencent up 4.17%, Newborn Town up 13.24%, and Baidu up 1.38%, reflecting improved sector sentiment. Meanwhile, JPMorgan Chase increased its position in Meitu by approximately 27.747 million shares on May 29, spending roughly HK$122 million at an average price of HK$4.41 per share, raising its stake to 6.33%. Additionally, Eastern Securities maintained a Buy rating with a target price of HK$6.24, citing optimism on subscriber growth and overseas ARPU improvement trends. Sustained institutional capital inflows provided strong support for the stock price rebound.

(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.)