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Chinese Photo Editing App Meitu Reports A $45.6M Crypto-related Impairment In H1; Stock Drops 8.7% In HK After Saying It Expects Impairments To Triple From 2021 (Bloomberg) News Opener NewsOpener Technology

July 5, 2022
Source: newsopener.com newsopener.com
News Snapshot:
Bloomberg : Chinese photo editing app Meitu reports a $45.6M crypto-related impairment in H1; stock drops 8.7% in HK after saying it expects impairments to triple from 2021 — Shares of Meitu Inc. extended their decline into a fourth day after the beauty-app developer disclosed that it expects …
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