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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.
Minsheng Education Group Company Limited (HKG:1569) Held Back By Insufficient Growth Even After Shares Climb 28%
Hong Kong stock anomaly | china east edu (00667) rose more than 5%, leading the education stocks. Major support policies for professional education released, institutions bullish on the long-term development of the industry.
Education stocks lead the gains. As of press time, China East Edu (00667) rose by 5.08% to HKD 2.48; Minsheng Edu (01569) rose by 4.14% to HKD 0.176; China Edu Group (00839) rose by 2.15% to HKD 4.75; Hope Education Group (01765) rose by 2.48% to HKD 0.124.
Most mainland education stocks are strong. Virscend Edu (01565) rose by 5.06%. Institutions are bullish on the education sector, indicating that confidence in the sector is gradually recovering.
Jingu Finance | Most mainland education stocks are strong, with Virscend Education (01565) up 5.06%, Tianli International Holdings (01773) up 4.95%, Wisdom Education International (06068) up 4.79%, New Oriental (09901) up 4.74%, China Edu Group (00839) up 4.46%, and Minsheng Education (01569) up 2.92%. Haitong International expressed bullish on the education sector, focusing on the "undervalued + pro-cyclical" track. The firm suggests selecting targets based on two main themes: the education sector, where reduced policy concerns have boosted sector valuation. Non-disciplinary extracurricular training.
Minsheng Edu (01569) fell by 30.20%, now trading at 0.178 yuan, hitting a 52-week low.
As of 10:25, Minsheng Edu (01569) is down 30.20% from the previous closing price, now trading at 0.178 yuan, hitting a new 52-week low; with a trading volume of 0.32 million shares and a turnover of 0.0559 million Hong Kong dollars.
MINSHENG EDU: Interim Report 2024
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