JPMorgan has released a research report stating that Dongfang Buy (01797) network anchor Dong Yuhui has resigned. This anchor accounts for the majority of the total commodities traded in Dongfang Buy, and his resignation will have a "very significant" impact, and it is estimated that "With Hui's peers", they accounted for half of East Buy's commodity trade total in the past few quarters.
The bank pointed out that it would not be surprised if Dongfang Buy had difficulty making a profit in the future. This means that the bank may need to remove about 10% of its comprehensive operating profit and about 5% of its net income from its forecast, but for New Oriental Education & Technology Group: New Oriental-S (09901), the impact is "very controllable" because Dongfang Buy accounts for about 20% of New Oriental's revenue, 10% of operating profit, and less than 5% of net income.