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异动直击 | 东方甄选涨超6%,新东方完成退股与辉同行,公司有望构建全新估值体系

Unusual movement: East Buy rose more than 6%, New Oriental completed stock withdrawal with Huitongxing, and the company is expected to build a brand new valuation system.

Zhitong Finance ·  Aug 6 22:02

$EAST BUY.HK$ Up more than 6%, as of press time, it rose 6.45%, to HKD 12.88, with a turnover of 0.114 billion Hong Kong dollars.

On the news front, according to public information, recently, there has been a commercial change with Huitongxing (Beijing) Technology Co., Ltd. The original shareholder, Beijing New Oriental Xunce Network Technology Co., Ltd., withdrew and added Dong Yuhui as a shareholder with full holding. Earlier, Dong Yuhui's resignation caused a heated discussion on the Internet.

Tianfeng Securities believes that after the divestment from Huitongxing, East Buy is expected to build a brand-new valuation system. Although the GMV is outstanding with Huitongxing, the market cap of East Buy is low. The bank believes that the main reason may be due to the strong IP mode dragging down the valuation system. With the current divestment, on the one hand, it is expected to gradually build a valuation and tracking structure with self-operated products as the core. There are currently multiple successful hot products with potential. On the other hand, it may have a short-term impact on GMV, but it is expected to lay a solid foundation for sustainable development and long-term profitability in the future. Thirdly, there may be more resources synergy with New Oriental in the future.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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