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CITIC SEC: "The arrival of Deepseek Singularity" will likely accelerate the commercialization phase of Education + AI by 2025.
Xin Securities published a Research Report stating that recently, companies in the Education sector have been embracing Deepseek, and the strong reasoning capability of AI large models is expected to accelerate the commercialization phase of Education + AI.
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.
MINSHENG EDU (01569.HK): Liang Xingchao has been appointed as a non-executive Director.
Gelonghui, December 12th丨MINSHENG EDU (01569.HK) announced that Liang Xingchao was appointed as a non-executive Director on December 12, 2024.
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.