On January 12, the digital application sector of the Hong Kong stock market saw a comprehensive rise. Among them, Meitu's stock price surged by 11.73%, closing at 8.86 HKD per share, with its total market value officially crossing the 4 billion HKD threshold.
Bank of America Securities stated in its latest industry analysis report that due to the accelerated monetization process of digital productivity tools, as well as the deep integration of software self-reliance substitution trends with vertical industry demands, the firm maintains a cautious optimism about the outlook for the software market in 2026. Although there are concerns about competition in general computing architectures, Meitu's design and productivity businesses are still rapidly expanding. Driven by automation features, user payment rates are expected to continue rising, indicating strong momentum for future profit growth.
In terms of capital operations, Meitu recently announced that the 250 million USD (approximately 1.8 billion CNY) convertible bond agreement reached with Alibaba has been completed by the end of 2025. According to the terms of the agreement, Meitu has issued the relevant bonds to Alibaba.
This investment not only brings substantial cash flow to Meitu but also marks the beginning of in-depth strategic collaboration between the two giants. In addition to financial support, Alibaba will collaborate with Meitu in e-commerce, automated design tools, and large-scale cloud computing architecture. Both parties plan to deepen the construction of logical intent alignment and reasoning capabilities in travel and e-commerce scenarios, promoting the large-scale implementation of automated interaction systems in more complex business processes.
