Risk appetite rebounded but the market remained cautious, with US stocks rallying but trimming gains by the close. $S&P 500 Index (.SPX.US)$ , $Nasdaq Composite Index (.IXIC.US)$ , and $Russell 2000 Index (.RUT.US)$ all surged over 2.3% at their peaks, and $Dow Jones Industrial Average (.DJI.US)$rose nearly 750 points. The "fear index" $CBOE Volatility S&P 500 Index (.VIX.US)$ fell 28% at one point.
Chip and Chinese concept stock indices rose over 3.6%. $NVIDIA (NVDA.US)$ surged over 7% before clo...

Support the development of E-Sports, social e-commerce, and live e-commerce. $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $BABA-SW (09988.HK)$ $Alibaba (BABA.US)$ $JD-SW (09618.HK)$ $JD.com (JD.US)$
Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.
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East Buy, the e-commerce platform of Chinese private tutoring giant New Oriental Education, tumbles by 15% in Hong Kong on Friday. New Oriental drops 7.8% after a 5% fall in.
$NEW ORIENTAL-S (09901.HK)$ $New Oriental (EDU.US)$ $EAST BUY (01797.HK)$
China’s top e-commerce influencer Dong Yuhui departs East Buy to pursue his venture. East Buy CEO Michael Yu Minhong said he will make arrangements for Dong Yuhui to obtain his namesake venture, Time with Yuhui, for free.

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$Dow Jones Industrial Average (.DJI.US)$ rose by 0.59% to a new record high, closing at 41,211.12. In contrast, the $S&P 500 Index (.SPX.US)$ fell by 1.39%, and the $Nasdaq Composite Index (.IXIC.US)$ dropped by 2.76%. Tech stocks faced significant pressure, contributing to the mixed market performance.
Key Drivers
1. Strong Performers: $UnitedHealth (UNH.US)$, $Johnson & Johnson (JNJ.US)$, and $Cisco (CSCO.US)$ l...

$EAST BUY (01797.HK)$ announced that the Board of the Company approved the proposed disposal of the Education Business to $NEW ORIENTAL-S (09901.HK)$ , the parent company of the Company, for a cash consideration of RMB1.5 billion. 
The Company currently expects to record a gain on the Disposal of approximately RMB1.653 billion. The Education Business comprises the entire equity interest of Dongfang Youbo (HK) Education...

$EAST BUY (01797.HK)$
Premium membership is expected to be fully launched in October. Upon completion, EAST BUY will be the first live broadcast organization to pioneer premium membership. 
It was reported that EAST BUY premium membership priced at RMB199 per year, with exclusive rights including 12% discount on hundreds of self-operated products, etc.. As such, premium members are expected to save up to RMB12,000 a year. 
$New Oriental (EDU.US)$ $NEW ORIENTAL-S (09901.HK)$ $SCHOLAR EDU (01769.HK)$ $TAL Education (TAL.US)$ $Mainland Education (BK2124)$ $Online Education (BK1193)$

$EAST BUY (01797.HK)$ opened up 3.93% today, once peaking at $26.5. It last printed at $26.25, up 14.63%, on a volume of 15.5304 million shares and turnover of $393 million.
According to data from Xindou, EAST BUY successfully retained the title of top seller among Douyin live-streamers in April, for the fourth consecutive time.
$Online Education (BK1193)$ $New Oriental (EDU.US)$ $NEW ORIENTAL-S (09901.HK)$ $Mainland Education (BK2124)$ $ByteDance (FT0001.FT)$ $ByteDance Ecosystem (BK1266)$ $PDD Holdings (PDD.US)$ $BABA-SW (09988.HK)$

$NEW ORIENTAL-S (09901.HK)$ $EAST BUY (01797.HK)$ $New Oriental (EDU.US)$ $Online Education (BK1193)$ $Mainland Education (BK2124)$ $Core Stock Connect Assets (BK1305)$
New Oriental Education Group's founder Yu Minhong expressed at the "Annual Conference of Yabuli China Entrepreneurs Forum 2023" that incorporating artificial intelligence technologies into education has become a norm and will likely not bring subversive impacts on the na...

EAST BUY is the name of the New Oriental live broadcast room, which is used for selling goods. Does this mean that it is about to shift its focus to live selling?
$EAST BUY (01797.HK)$ announced that the English and Chinese short stock names for trading in the securities of the Company on the Stock Exchange will be changed from "KOOLEARN" and "新東方在線" to "EAST BUY" and "東方甄選" respectively, effective Tuesday (14th).
$Online Education (BK1193)$ $New Oriental (EDU.US)$ $Mainland Education (BK2124)$ $NEW ORIENTAL-S (09901.HK)$

$EAST BUY (01797.HK)$ $New Oriental (EDU.US)$ $NEW ORIENTAL-S (09901.HK)$ $Online Education (BK1193)$ $Mainland Education (BK2124)$
A report said CCTV New Year's Gala cooperates with the live-streaming e-commerce platform Oriental Selection, which whips up Koolearn's stock price.