China's Meitu rises most in 3 weeks as CEO raises stake in co

Meitu

22/08/2025 04:34

** Chinese online advertising and internet services provider Meitu 1357.HK rises 6.4% to HK$10.75; set for biggest one-day pct gain since July 31

** Co's founder, chairman and CEO Wu Zeyuan bought 700,000 shares at an avg of HK$10 in the open market on Thursday, raising his stake in co to 12.89% from 12.88%

** Says Wu may further increase his shareholdings in co

** Co's current market capitalisation at $6.10 billion

** YTD, stock gains 260.8%

($1 = HK$7.8142)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))