The Zhitong Finance App learned that education stocks rose the most, with Excellence Education Group (03978) rising 11.6% to HK$3.56; New Oriental-S (09901) rising 5.21% to HK$63.65; Thinking Music Education (01769) rising 4.61% to HK$4.77; and chalk (02469) rising 3.13% to HK$4.61.

According to the news, leading education companies New Oriental and Good Future recently released financial reports. Specifically, New Oriental's revenue for the third quarter of fiscal year 2024 was US$1,257.3 billion, up 60.1% year on year; net profit attributable to the company's shareholders was US$87.167 million, up 6.8% year on year. Good Future's revenue for the fourth quarter of fiscal year 2024 was US$430 million, up 60% year on year; net profit attributable to the company was US$27.5 million, turning a year-on-year loss into a profit. According to Orient Securities, the revenue of leading education companies has exceeded market expectations to varying degrees and is optimistic about the development of the industry.

SDIC Securities said that with marginal improvements in education industry policies and clear supply in the industry, education companies are expected to benefit from the release of industry demand and achieve a reversal in performance. Earlier, the Ministry of Education issued the “Regulations on the Administration of Out-of-School Training” to send a signal of continuous improvement in education policies. The focus of the policy has shifted from “blocking” to “sparse,” compounding the clear supply of the industry. The release of demand for education will bring a “double blow” to the education industry's policies and performance, and is optimistic about the future development of the education industry.