EDU250117C100000
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New Oriental Newsroom
Goldman Sachs: Valuations tend towards reasonable levels, growth prospects are strong, maintaining "Buy" ratings for New Oriental (EDU.US) and TAL Education (TAL.US).
Goldman Sachs expressed an optimistic outlook for the performance of China's education industry giants New Oriental and TAL Education in 2025, citing more reasonable valuations and still strong growth prospects.
[Brokerage Focus] SWHY maintains Buy rating on New Oriental (09901) but points out that profit growth is hindered by a decline in e-commerce Business sales.
Jingwu Financial News | SWHY's research reports indicate that New Oriental (09901) is expected to generate revenue of 0.993 billion US dollars in the second quarter of fiscal year 2025 (2QFY25, 2024.9-2024.11), a year-on-year increase of 14.2%, with a Non-GAAP Net income of 0.053 billion US dollars, a slight year-on-year growth of 4.7%. The high revenue growth is driven by the continuous growth of the Education Business. Profit growth is hindered by the year-on-year decline in e-commerce sales. The firm indicates that thanks to the rapid growth of quality education training, the 2Q Education Business revenue is expected to increase by 28% year-on-year to 0.872 billion US dollars. The firm anticipates that the non-subject quality education training will achieve annual growth.
NEW ORIENTAL-S (09901.HK) plans to hold a Board of Directors meeting on January 20 to approve the interim results.
Gelonghui, January 7, NEW ORIENTAL-S (09901.HK) announced that the Board of Directors will hold a meeting on January 20, 2025 (Monday) to approve the unaudited results for the six months ending November 30, 2024, and their release. The results will be published on the Hong Kong Stock Exchange website before the opening of the market in the USA on January 21, 2025 (Tuesday) (New York time).
NEW ORIENTAL-S: DATE OF BOARD MEETING
Unusual Options Activity: LYV, COF and Others Attract Market Bets, LYV V/OI Ratio Reaches 181.8
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.
① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Top Gap Ups and Downs on Friday: AVGO, TSM, ANET and More
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
Hong Kong stock movement | NEW ORIENTAL-S (09901) is currently down over 5%. Profit margins have fallen short of expectations for three consecutive quarters. HSBC states that the live-streaming e-commerce Business has hindered short-term growth prospects.
NEW ORIENTAL-S (09901) is down over 5%, as of the time of writing, it has dropped 5.12%, trading at 47.25 Hong Kong dollars, with a transaction volume of 0.207 billion Hong Kong dollars.
China to Lift Fiscal Spending to Boost Economy
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
China Central Economic Work Conference: A Key Indicator for Future Market Trends
NEW ORIENTAL-S (09901.HK): Appointed Zhuge Yue as an independent Director.
On December 11, Gelonghui reported that NEW ORIENTAL-S (09901.HK) announced that Yang Zhuang has resigned from his position as an independent director of the company, effective December 16, 2024. Dr. Yang also resigned from his roles as a member of the Audit Committee, a member of the Compensation Committee, and Chairman of the Nomination and Corporate Governance Committee on the same day. The company also announced the appointment of Zhuge Yue as an independent director, effective December 16, 2024. Dr. Zhuge has also been appointed as a member of the Audit Committee, a member of the Compensation Committee, and Chairman of the Nomination and Corporate Governance Committee.
Express News | New Oriental Announces Changes in Board and Committee Composition
Press Release: New Oriental Announces Changes in Board and Committee Composition