Zhitong Financial APP learned that education stocks were collectively higher today. As of press time, Yuhua Education (06169) rose 8.91% to HK $1.10, Hope Education (01765) rose 5.75% to HK $0.46, and China Oriental Education (00667) rose 5.44% to HK $3.68. China Communications Holdings (00839) rose 3.85% to HK $5.40.

It is reported that the newly revised Vocational Education Law has come into effect on May 1 this year. This is the first major overhaul of the law since it was promulgated in 1996. The new law affirms that vocational education has the same important status as general education, replacing the original terms such as "diversion of general and vocational education" and "combination of industry and education" with "coordinated development of general and vocational education" and "integration of industry and education", so as to promote the high-quality development of vocational education from the legal level.

In addition, at a news conference of the Ministry of Education on May 24, Chen Ziji, director of the Department of Vocational and Adult Education of the Ministry of Education, said that the next step is to speed up the establishment of the "vocational education college entrance examination" system, improve the treatment of technical and skilled personnel, and prevent and correct employment discrimination.