Goldman Sachs: Meitu, Inc. (01357.HK) AI productivity tools and overseas markets support subscription growth; reiterates "Buy" rating.

Zhito Finance APP has learned that Goldman Sachs released a research report stating that Meitu, Inc. (01357.HK) AI productivity tools and overseas markets support subscription growth, with the subscription rate rising by 1 percentage point year-on-year to 6.5% in the first half of this year, mainly driven by the growth of overseas paying users with higher ARPU, and interim revenue and net profit are broadly in line with guidance. The bank maintains a "Buy" rating on Meitu.