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Changes in Hong Kong stocks | Meitu (01357) rose more than 12%, AI visual creative products show strong overseas growth potential
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The Zhitong Finance App learned that Meitu (01357) rose by more than 12%. As of press release, it had risen 12.56% to HK$4.48, with a turnover of HK$595 million.

According to the news, recently, Dot Data released a list of the top 30 overseas revenue of Chinese non-game manufacturers in June. According to the data, overseas revenue from Meitu's various image editing apps, such as AirBrush and BeautyCam, has continued to grow for several months. Among them, the US market performed particularly well, driving the company's ranking to third place, further demonstrating the commercialization potential of AI visual creative products in overseas markets. UBS previously pointed out that productivity products such as DesignKit bring obvious PC-side revenue contributions and may constitute a potential upside surprise.

It is worth mentioning that at the video festival in June of this year, Meitu launched 8 AI products, covering creative scenarios such as designer communities, portrait retouching, commercial design, oral video, conceptual images, music visualization, AI skits, and AI video production lines. Orient Securities believes that with its previous accumulation in the field of design creativity, the company's ideas on creative imaging products are more clear, and the space for commercialization of multi-modal production and delivery can be expected.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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