Generative AI has transformed MEITU (01357.HK) -0.090 (-2.041%) Short selling $48.49M; Ratio 120.924% from a beautification tool into an AI photo and video generation and editing application, expanding its market from consumer entertainment to productive tools for enterprises engaging in e-commerce, advertising, and other businesses, Goldman Sachs wrote in its research report.Anticipating this development to drive growth in MEITU's monthly active users, payment ratio, and average revenue per user (ARPU), Goldman Sachs has initiated coverage on MEITU with a Buy rating and a target price of HKD16.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)Related News Jefferies Lowers TP for Meitu (01357.HK) to HKD7, Maintains 'Buy' Rating
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