|Bid||1.900 x 0|
|Ask||1.910 x 0|
|Day's Range||1.880 - 1.970|
|52 Week Range||1.320 - 4.560|
|Beta (5Y Monthly)||2.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.50|
Meitu, Inc. (HKG:1357) shareholders should be happy to see the share price up 24% in the last month. But that is...
Apple held a special event in New York on December 2 to unveil its list of the most popular apps and games for 2019. Only 3 Chinese apps were named in the list. Meitu's short video product WIDE was among those listed, also winning the title 2019 Apple "App Trend of the Year".
(Bloomberg) -- Chinese investors snapped up every blockchain-related stock in sight after President Xi Jinping said Beijing wants to speed up development of the technology.The gains were widespread Monday, with Insigma Technology Co. and Sinodata Co. among more than 60 tech shares surging by the daily limit in Shanghai and Shenzhen. The excitement coincided with a 26% rally in Bitcoin, and also boosted stocks with more tenuous connections to blockchain, like baby-food producer Beingmate Co. and selfie-app developer Meitu Inc.Xi said China will increase investment in blockchain technology after chairing a study session last week on developing the industry, state-owned Xinhua reported late Friday. The market reaction shows how far an endorsement from Xi can go in China, where high-level officials on Monday began their first major policy meeting since early 2018.“Most of these companies, especially those that are just beginning to state their connection with blockchain today, are trying to take advantage of the hype,” said Li Shiyu, fund manager at Guangdong Xiaoyu Investment Management Co. “It shows how much excitement can be triggered by something stressed as a priority by the top man himself.”The Shenzhen Information Technology Index closed 5.3% higher on Monday, its biggest advance in eight months. Hundsun Technologies Inc., Easysight Supply Chain Management Co., YGSOFT Inc. and dozens more companies with officially registered blockchain businesses rose by the 10% limit.In Hong Kong, traders singled out Meitu due to its plans for an encrypted user-identification system. The shares surged as much as 30%. Pantronics Holdings Ltd. -- which earlier this month said it will change its name to “Huobi Technology”, a reference to a digital currency exchange -- rallied as much as 67%. American depositary receipts of Chinese blockchain companies also surged Friday.Investors pressured other firms to jump on the blockchain hype, using an online Q&A platform to submit thousands of questions on their plans to use the technology.“Please proactively make expansion plans in blockchain to jump on state policies -- doing so would be the best reward to investors,” urged one shareholder of development-store operator Hunan Friendship & Apollo Commercial Co.\--With assistance from Ryan Lovdahl.To contact Bloomberg News staff for this story: April Ma in Beijing at email@example.comTo contact the editor responsible for this story: Sofia Horta e Costa at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Even the best stock pickers will make plenty of bad investments. Anyone who held Meitu, Inc. (HKG:1357) over the last...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Meitu, Inc.'s (HKG:1357): Meitu, Inc., an investment holding company, engages in the provision...
XIAMEN, China, April 30, 2019 /PRNewswire/ -- Meitu Imaging and Vision Lab (MTlab) won first place in the Image Enhancement Challenge and third place in the Image Dehazing Challenge at the 2019 New Trends in Image Restoration (NTIRE) conference. The conference was held in conjunction with the 2019 IEEE Conference on Computer Vision and Pattern Recognition (CVPR), the world's premier conference in the field of Artificial Intelligence (AI). Using deep learning models based on visual aesthetics, the MTlab team was able to make the contest photo more visually appealing to the human eye with high fidelity.
Meitu Inc, the Chinese firm best known for its selfie image-enhancing app, said on Wednesday it is venturing into the offline skincare market as it attempts to offset the impact of dwindling app users and a money-losing smartphone business. Meitu, which listed in late 2016 in what was then Hong Kong's largest tech IPO in a decade, has since suffered losses and its share price has more than halved, as China's smartphone market has run out of steam, shrinking nearly 16 percent in 2018. Meitu said on Wednesday it will launch a face-cleansing brush that can automatically identify the best pulsing setting for a user by detecting his or her individual skin condition.
HONG KONG, March 20, 2019 /PRNewswire/ -- Meitu, Inc. ("Meitu" or the "Company") (1357.HK) has announced its annual results for the twelve months ended December 31, 2018. The Meitu app's number of monthly active users ("MAU") grew to 117.4 million by December 31, 2018 and reached a historic high of 119.2 million in February 2019. The Company's social strategy achieved great progress.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mentionRead More...
* PREVIOUS TRADING SESSION MOVES: * SSEC +0.0 pct, CSI300 -0.2 pct, HSI -0.4 pct * HK- Shanghai Connect daily quota used 2.7 pct * HK- Shenzhen Connect daily quota used 0.9 pct, Shenzhen- HK daily ...
Feb 20 (Reuters) - Meitu Inc: * ANNOUNCES ACQUISITION OF 31% EQUITY INTEREST IN DREAMSCAPE HORIZON LIMITED * DEAL FOR TOTAL CONSIDERATION OF HK$2.69 BILLION * DEAL WILL BE SATISFIED BY ISSUE OF CONSIDERATION ...