HSBC: Maintains 'shareholding' rating on New Oriental-S (09901) with a target price of 66 Hong Kong dollars.

Morgan Stanley expects new oriental's revenue and operation profit to increase by approximately 30% and 40% in the 2025 fiscal year.

Zhitong Finance01:20 ET

Hong Kong stocks movement | New Oriental-S (09901) rises over 5% again and will officially enter the constituent stocks in Hang Seng Index starting next week. Management maintains the full-year revenue guidance for the education business.

New Oriental-S (09901) has risen over 5% again, as of the time of publication, it is up 5.05%, reported at 49.9 Hong Kong dollars, with a transaction volume of 19.621 million Hong Kong dollars.

Zhitong Finance20:38 ET

The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.

South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.

wallstreetcn18:09 ET

Hong Kong stocks morning report on December 4: The situation in south korea causes a huge shock in asset prices, while the trends of china concept stocks show divergence.

① South Korea's President Yoon Suk-yeol suddenly launched an emergency martial law, but Congress resisted and voted to reject it. ② The USA's labor market shows subtle changes: the number of job vacancies rebounds. ③ The number of CEOs leaving their positions in the USA this year has reached a record high. ④ Yen arbitrage trading is thriving, and the Bank of Japan is reaching for the "interest rate knife." ⑤ The three major US stock indexes had mixed results, with the Nasdaq and the S&P 500 index continuing to set new closing highs, while the trend of china concept stocks showed divergence.

cls.cn18:03 ET

U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.

① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.

cls.cn17:27 ET

Trending Industry Today: Ambow Education Leads Gains In China Mainland Education Stocks

Moomoo News15:40 ET