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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.
What Is China YuHua Education Corporation Limited's (HKG:6169) Share Price Doing?
Yuhua Edu (06169.HK) repurchased and cancelled HKD 2.088 billion worth of convertible bonds due in 2024.
YuHua Edu (06169.HK) announced that, as of September 20, 2024, it has repurchased a total principal amount of 60,131,614 Hong Kong dollars of convertible bonds in accordance with the terms and conditions of the convertible bonds, with a total cash consideration of approximately 32,471,072 Hong Kong dollars, equivalent to approximately 54% of the face value of the convertible bonds. The repurchased bonds account for approximately 2.88% of the originally issued convertible bonds. After the redemption of the repurchased bonds, the outstanding principal of the unconverted convertible bonds remains.
yuhua edu (06169): The principal amount of the convertible bonds not yet converted will be approximately 0.914 billion Hong Kong dollars.
yuhua edu (06169) announced that as stated in the announcement dated January 20, 2023, the redemption principal has been completed...
Express News | China Yuhua Education - Repurchase and Cancellation of HK$2.09 Bln 0.90% Convertible Bonds Due 2024
Splurging $700 million on stock repurchase, new oriental's stock price soared by 13%! Education stocks in Hong Kong rose across the board.
Share buyback increased to 0.7 billion US dollars.
China YuHua Education (HKG:6169) Hasn't Managed To Accelerate Its ReturnsNo Data
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