The Zhitong Finance App learned that Citi released a research report stating that it will launch coverage of Meitu (01357.HK) with a “buy/high risk” rating, with a target price of HK$7. The bank believes that the market underestimated Meitu's potential for AI-driven growth as an early actor in the transformation of products and monetization models. Citi also believes that Meitu's commitment to improving shareholder returns and that the chairman's continuous increase in holdings can also support stock prices.

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.