Meitu founder buys 1 million shares as stock drawdown reaches 24.9%
AI Summary- Wu Zeyuan bought 1 million Meitu shares after rumors suggested he would reduce his stake.
- Meitu shares fell 24.9% from HK$5.06 to an intraday low of HK$3.80.
- Meitu reported CNY 2.21 billion in first-half continuing-operations revenue, up 22.1%.