Meitu shares continue to rocket on Monday, reaching 22.40 Hong Kong dollars (2.9 US dollars) per share by the time of 14:21, up by 24.44%, valuing the mobile photo editing app at 94.7 billion Hong Kong dollars (12.2 billion U.S. dollars).

Meitu shares have been rising for 11 consecutive trading days since it became available on Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect on March 6. Meitu stocks became the pursuit of the hot money from the mainland.

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