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Minsheng edu (01569.HK) has been granted a loan of 15.12 million USD.
Glondon reported on November 21st that Minsheng Edu (01569.HK) announced that on November 21, 2024, the company (as the borrower) entered into a loan agreement with Bank of E Asia (China) Limited Beijing Branch ("Bank of E Asia Beijing Branch") (as the lender). Under the loan agreement, Bank of E Asia Beijing Branch agreed to provide a loan of $15.12 million to the company, which will be repaid according to the repayment schedule specified in the loan agreement, with the final repayment date being three years from the date of the first loan drawdown.
Investors Don't See Light At End Of Minsheng Education Group Company Limited's (HKG:1569) Tunnel And Push Stock Down 26%
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 Education Group Company Limited's (HKG:1569) Shares Bounce 29% But Its Business Still Trails The Market
