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Fenbi Ltd. (HKG:2469) Insiders Have Recently Purchased Stock and Their Bets Paid off Last Week as Company Hit HK$6.6b Market Cap
Fenbi rose more than 9% against the market in intraday trading. The number of applicants for the national civil service examination has reached a new high, attracting institutions' attention.
Fenbi (02469) once rose more than 9% against the market during the trading day. As of the press time, the stock price rose by 7.29%, now at 3.09 Hong Kong dollars, with a turnover of 0.175 billion Hong Kong dollars. Sinodata Securities previously pointed out that according to the statistics of the National Civil Service Bureau, in the 25-year national civil service examination, a total of 3.416 million people passed the qualification review of the employing units, with a ratio of about 86:1 between the number of people passing the qualification review and the number of recruitment plans. The bank stated that the number of applicants for the 25th National Examination hit a new high, with a 13% increase in the number of applicants, further reducing the admission rate, and is expected to stimulate the increase in recruitment and training needs. Recruitment and training institutions are entering a peak period of student training, and it is recommended to focus on the industry.
Hong Kong stock market anomaly | fenbi (02469) rose more than 18%, AI-driven company's profit increased significantly, recruitment and training demand is expected to increase.
Chalk (02469) surged over 18%, as of press time, up 18.35%, trading at 3.16 Hong Kong dollars, with a turnover of 82.3279 million Hong Kong dollars.
Chalk (02469.HK) canceled 10.83 million shares on November 11th.
GRANDALL11th November: fenbi (02469.HK) announced on 11th November 2024 that the company has canceled 10.83 million repurchased shares.
Fenbi Limited Expands Control in Book Printing Business
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.
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