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港股异动 | 美图公司(01357)现涨近5% Sora新版本正式发布 大摩指美图设计室需求好于预期

Hong Kong stock movement | MEITU (01357) currently up nearly 5% with the official release of the new Sora version. Morgan Stanley indicates that the demand for MEITU's design studio is better than expected.

Zhitong Finance ·  Dec 11 20:45

MEITU (01357) is currently up nearly 5%, as of the time of writing, up 4.64%, priced at 3.16 Hong Kong dollars, with a transaction volume of 56.7753 million Hong Kong dollars.

According to Zhicheng Finance APP, MEITU (01357) is currently up nearly 5%, as of the time of writing, up 4.64%, priced at 3.16 Hong Kong dollars, with a transaction volume of 56.7753 million Hong Kong dollars.

On the news front, early in the morning on December 10, OpenAI announced the official launch of its video generation model Sora to the public. It is reported that MEITU had previously showcased three generative AI-driven products: MEITU Design Studio (DesignKit), Kaipai (Action), and MOKI. Morgan Stanley expects the flagship product MEITU Design Studio to contribute about 0.2 billion yuan in domestic revenue in 2024, double that of 2023; this product has a gross margin of 60%-70%, with demand exceeding expectations.

In addition, MEITU cashed out approximately 1.3 billion yuan in Cryptos and made a profit of about 0.571 billion yuan. The company plans to distribute about 80% of the net proceeds as special dividends, with the remainder used to expand its Business, focusing on subscription-based imaging and design products. Morgan Stanley pointed out that MEITU's stock price has long diverged from its fundamental value due to its holdings in Cryptos, and long-term value investors have questioned MEITU's operational focus. The sale of all Cryptos for Shareholder returns and Business development marks a significant improvement in the company's management.

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