HK Stock Market Move | MEITU (01357) rose over 11% in early trading, with net profit in the first half of the year increasing nearly 40%. The annual recurring revenue (ARR) for productivity applications exceeded 600 million.

MEITU (01357) surged over 11% in early trading, and as of the time of writing, it has risen by 11.53% to HK$4.98, with a turnover of HK$469 million. In terms of news, MEITU recently released its interim results, reporting a revenue of 2.21 billion yuan for the first half of the year, a year-on-year increase of 22.1%; the adjusted net profit attributable to shareholders was 650 million yuan, an increase of 39.5% year-on-year. As MEITU's largest source of revenue, the imaging and design products business saw its revenue increase by 30.9% year-on-year to 1.77 billion yuan in the first half of 2026, accounting for approximately 80% of total revenue. It is worth noting that, on the user front, MEITU's global paid subscriber base has officially surpassed 18.44 million. Among these, new paid users overseas are primarily concentrated in high ARPPU regions such as East Asia, Latin America, and Europe, with the growth rate of overseas paid users being about twice that of mainland China. It is reported that MEITU's productivity applications have seen a year-on-year growth rate of over 80% in markets outside mainland China, with an annual recurring revenue (ARR) of approximately 620 million yuan, and its ARPPU is about 50% higher than that of lifestyle applications.