HK Stock Market Move | MEITU (01357) rose more than 3% in mid-session, and its subsidiary Meitu Design Studio AI picture announced integration with DeepSeek's large model.

MEITU (01357) rose more than 3% during trading hours, and as of the time of writing, it has risen by 2.94% to 4.91 Hong Kong dollars, with a trading volume of 257 million Hong Kong dollars. On the news front, recently, MEITU's Meitu Design Studio AI graphics and text announced the integration of the DeepSeek large model, enabling one-click output of copywriting, note covers, and interior layout, unlocking a one-stop AI graphics and text creation experience for users, enhancing the efficiency of self-media content production and note click-through rates. The upgraded AI graphics and text function makes self-media creation simpler and more efficient, as users only need to input a simple theme and select DeepSeek R1, and the system can automatically generate copy and complete the full layout, quickly generating high-quality Xiaohongshu graphic and text content. It is reported that Meitu Design Studio LivePPT, AI Product Images, and AI Graphics and Text have all been integrated with DeepSeek R1. Morgan Stanley previously released a research report stating that the gross profit margin of Meitu Design Studio is currently around 60%-70%, and it is expected that domestic revenue in 2024 will be double that of 2023, reaching 2 billion yuan. The report indicates that Meitu Design Studio is an AI design product launched by MEITU in 2022, focusing on e-commerce scenarios and helping users quickly generate product materials in one-stop. This product generated revenue exceeding 100 million yuan in 2023. One detail worth noting is that in the past six months, Meitu has established offices and recruited overseas staff in the United States, Australia, the United Kingdom, and other locations.