HK Stock Market Move | MEITU (01357) rose more than 11%, with first-quarter revenue from imaging and design up 34% year-over-year. Global paid users exceed 17.9 million.

MEITU (01357) rose more than 11%, up 10.98% as of press time, to HK$4.65, with a turnover of HK$159 million. On the news front, in the morning of May 6, MEITU announced that as of March 2026, the number of paid subscribers exceeded 17.9 million, a year-on-year increase of 30.2%. Among them, the number of paid subscribers from productivity applications increased by 52.9% to 2.34 million, while the number of paid subscribers from lifestyle applications increased by 27.4% to 15.56 million. In the first quarter of this year, the revenue (unaudited) of the group's core business imaging and design products maintained strong growth, increasing by 34.3% year-on-year to RMB 852 million, while other business segments remained stable. In terms of imaging and design products, revenue from productivity applications increased by 45.4% in the first quarter, accounting for approximately 18% of imaging and design product revenue; revenue from lifestyle applications increased by 35.5%, accounting for 82% of imaging and design product revenue. As of March 2026, AI productivity application ARR is approximately RMB 580 million, a year-on-year increase of 56.2%.