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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.
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.
new higher edu (02001.HK) canceled 6.888 million shares on November 4.
Gelonghui November 4th｜New Higher Edu (02001.HK) announced that on November 4, 2024, the company cancelled 6.888 million repurchased shares.
Is It Too Late To Consider Buying China New Higher Education Group Limited (HKG:2001)?
New Higher Edu Group (stock code 02001) fell by 37.70%, now trading at 1.510 yuan, hitting a new 52-week low.
As of 11:40, new higher edu (02001) fell 37.70% compared to the closing price yesterday, now at 1.510 yuan, hitting a 52-week low; the volume was 1.684 million shares, with a turnover of 2.5591 million Hong Kong dollars.
new higher edu Group (02001.HK) spent 1.131 million Hong Kong dollars on repurchasing 0.693 million shares on August 26th.
On August 26th, New Higher Edu Group (02001.HK) announced that it repurchased 0.693 million shares for a total of HKD 1.131 million.
China New Higher Education Group Limited (HKG:2001) Stock Catapults 26% Though Its Price And Business Still Lag The MarketNo Data
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