The Zhitong Finance App learned that education stocks continued to rise. As of press release, Greek Education International Holdings (01765) rose 17.89% to HK$0.29, Minsheng Education (01569) rose 9.43% to HK$0.29, and New Oriental-S (09901) rose 4.37% to HK$75.3.

According to the news, on March 20, the National Development and Reform Commission solicited public comments on the “Special Administrative Measures on Infrastructure Investment within the Central Budget for a Strong Education Country”. Investments within the central budget support eligible public training bases through direct investment, etc., and implement investment ratios and investment quota management, mainly for the construction of training sites and investment facilities. Encourage local authorities to increase their investment efforts.

Guoxin Securities said earlier that the policy brought about supply-side clean-up, effective literacy training transformation, and a clear regulatory attitude. These are the three major changes to the K12 education and training circuit. Looking ahead, the bank analyzed that demand for the racetrack is strong and the lack of supply of high-quality content is expected to continue to be maintained, and leading players are expected to continue to benefit. In addition, the public examination recruitment circuit has ushered in three major changes: “the level of prosperity is still high, the internal competition pattern has changed, and the competitive strategy has returned to rationality”, and I am optimistic about the trend of the racetrack being concentrated at the head.