China's Meitu jumps most in 4 weeks on higher H1 profit, dividend
27/08/2026 08:48
BUZZ-China's Meitu jumps most in 4 weeks on higher H1 profit, dividend ** Meitu's 1357.HK shares jump 8.2% to HK$4.70, on course for biggest one-day pct rise since July 31
** Stock hits highest since August 12
** Chinese online advertising and internet value-added services provider said its H1 adjusted net profit attributable rose 39.5% y/y, and revenue up 22.1% y/y
** Company declares interim dividend of HK$0.067/shr vs HK$0.045 a year earlier; Says it intends to maintain stable dividend payout ratio per year
** Citi keeps "Buy" rating, saying Meitu reported a mixed H1 with revenue slightly below, while profit beat, and Meitu demonstrated outstanding cost control in R&D
** YTD, Meitu stock down 36.1%, Hang Seng TECH Index .HSTECH down 16.3%
(Reporting by Donny Kwok)
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