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Hong Kong stocks fluctuated | Education stocks surged in early trading, TIANLI INT HLDG (01773) rose nearly 6%, NEW ORIENTAL-S (09901) rose nearly 6%.
Education stocks rose broadly in early trading. As of the time of writing, TIANLI INT HLDG (01773) is up 5.9%, trading at 4.13 HKD; NEW ORIENTAL-S (09901) is up 3.8%, trading at 47.75 HKD; FENBI (02469) is up 2.87%, trading at 2.51 HKD; CHINA EAST EDU (00667) is up 1.97%, trading at 2.59 HKD.
Does China East Education Holdings Limited's (HKG:667) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
China East Education Holdings' (HKG:667) Earnings Have Declined Over Five Years, Contributing to Shareholders 76% Loss
Trending Industry Today: NEW HIGHER EDU Leads Losses In Vocational Education Stocks
HK stocks are on the move | Education stocks are all rising, as the policy proposes expanding the supply of high-quality education resources. Private high schools are the first to benefit from the warming of HK stocks.
Education stocks are on the rise. As of the time of publication, China Edu Group (00839) rose by 5.65% to HK$5.05; Beststudy Edu (03978) rose by 5.12% to HK$3.08; New Oriental-S (09901) rose by 3.85% to HK$47.15; China East Edu (00667) rose by 3.33% to HK$3.1.
Zheshang: Profit margin adjustment in the stage of K12 expansion, private high schools benefit first from the warming of Hong Kong stocks.
Private high schools are the first to benefit from the recovery of Hong Kong stocks, the beginning of the Fed interest rate cut cycle + central bank policy stimulus. If Hong Kong stocks show a overall rebound, high education and high dividend sectors with low valuation in recent two years have often performed relatively well in previous market trends.
What You Can Learn From China East Education Holdings Limited's (HKG:667) P/E
