港股異動丨美圖大漲超14%創2018年以來新高,年內累漲超80%
美圖(1357.HK)大漲,盤中一度漲超14%,報5.34港元,股價創2018年9月以來新高;該股年內已累漲超80%。美圖此前發盈喜,摩根士丹利發表點評研報稱,美圖受到AI帶動訂閱收入增長及營運槓桿改善的推動,去年盈利進一步強勁增長。撇除處置加密貨幣單次性收益,集團初步預計其去年經調整淨利潤將通不過增長52%至60%,以中間值5.75億元計,亦高於大摩預測及公司指引。預計在DeepSeek的帶動下,較低的AI模型推理成本應可進一步改善美圖的訂閱收入毛利率。該行指出,美圖受惠於海外擴張,尤其是於2024年底推出的X-design,料將於2026至29年間實現19%的經調整淨利潤複合年增長率。受惠AI變現持續發力,該行升集團目標價20%,由4.5港元上調至5.4港元,續予“增持”評級。(格隆匯)

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