M Stanley Anticipates MEITU (01357.HK) to Strengthen Collaboration with BABA-W, Sets Target Price at $15.7 and Maintains Overweight Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2026
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Source: aastocks
Convertible Bonds Issuance: MEITU has completed the issuance of $250 million in convertible bonds to BABA-W, which, if fully converted, will give BABA-W a 6.82% stake in MEITU, making it the third-largest shareholder.
Positive Market Reaction: Morgan Stanley views this development positively, predicting enhanced cooperation between MEITU and BABA-W, particularly in e-commerce design, and has upgraded MEITU's rating to Overweight with a target price of $15.7.
Analyst Views on 01357
Wall Street analysts forecast 01357 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01357 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 8.920
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Current: 8.920
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
