New Oriental Stock Discussion

For techs, $BABA-SW (09988.HK)$ and $TENCENT (00700.HK)$ picked up 0.3% and 0.1%, while $MEITUAN-W (03690.HK)$ and $NTES-S (09999.HK)$ hiked 1.2% and 1.7%. $XIAOMI-W (01810.HK)$ , $JD-SW (09618.HK)$ leaped 1.9-2.5%, while $BILIBILI-W (09626.HK)$ elevated 2.9%. $NEW ORIENTAL-S (09901.HK)$ added 0.3% after declaring a special dividend of US$6 cents per common share.

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...

DJIA rebounded 294 points or 0.8% last night after a pause in JPY carry trade unwinding, and Hong Kong stocks opened higher in the morning. $Hang Seng Index (800000.HK)$  opened 37 points or 0.2% higher at 16,684, while $Hang Seng China Enterprises Index (800100.HK)$ opened 16 points or 0.3% higher at 5,868. $Hang Seng TECH Index (800700.HK)$ opened 19 points or 0.6% higher at 3,361.
$NEW ORIENTAL-S (09901.HK)$ increased buyback to USD700 million and p...

Recession fears dominated global markets, triggering a "Black Monday." $Dow Jones Industrial Average (.DJI.US)$ dropped nearly 1,240 points or 3.1% at the open and widened to over 1,000 points by the close. $S&P 500 Index (.SPX.US)$fell as much as 4.2%, $Nasdaq Composite Index (.IXIC.US)$plunged 6.4%, and $Russell 2000 Index (.RUT.US)$dropped 5.5%. The S&P and Dow saw their steepest declines in two years, with major indices marking their worst three-day drop since June 2022. The "fear index" $CBOE Volatility S&P 500 Index (.VIX.US)$surged 181...

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.
Enco...

Hong Kong stocks opened higher in the morning, with $Hang Seng Index (800000.HK)$ opening 74 points or 0.4% higher at 17,079. $Hang Seng China Enterprises Index (800100.HK)$ opened 33 points or 0.6% higher at 6,050. $Hang Seng TECH Index (800700.HK)$ opened 22 points or 0.7% higher at 3,443.
$EAST BUY (01797.HK)$ shares opened cratering 15% at $10.54 after Dong Yuhui quit the company and the company announced its intention to buy back up to RMB500 million ...

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.

Among the stocks with rating at Buy, Goldman Sachs was optimistic about $NEW ORIENTAL-S (09901.HK)$ in the education sector. Goldman Sachs also preferred $TENCENT (00700.HK)$ and $NTES-S (09999.HK)$ over other smaller players in the game sector. Among e-commerce ads stocks, Goldman Sachs liked $KUAISHOU-W (01024.HK)$ , while $BABA-SW (09988.HK)$ is preferred over $PDD Holdings (PDD.US)$ .
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$

Hong Kong stocks rallied significantly, led by technology stocks. $Hang Seng Index (800000.HK)$ once hiked 473 points to a 5-month high of 17,758 in the afternoon, and closed lifting 366 points or 2.1% at 17,651. $Hang Seng China Enterprises Index (800100.HK)$ escalated 149 points or 2.4% to close at 6,269. $Hang Seng TECH Index (800700.HK)$ surged 163 points or 4.6% to close at 3,718. Total turnover for the whole day was $157.242 billion, the highest in th...

Hong Kong stocks opened lower this morning, snapping a 3-day rising streak. $Hang Seng Index (800000.HK)$ opened 57 points or 0.3% lower at 17,144. $Hang Seng China Enterprises Index (800100.HK)$ opened 19 points or 0.3% lower at 6,080.
$SENSETIME-W (00020.HK)$ opened rocketing 17.5% at $0.94 as it resumes trading. The company has noted the recent unusual movements in the trading price and trading volume of the Class B Shares...