According to the WiseNews app, China Edu Group (00839) rose more than 4% in the afternoon session, up 3.84% to HKD 4.33, with a turnover of HKD 24.1078 million as of press time.

Open source securities have pointed out that the inflection point of multi-dimensional high education has arrived, with strong internal and external expectations. At present, the valuations of the first and second level high education assets are inverted, and the PE valuations of the first level high education assets are between 13-15 times. It is more bullish on the stable cash flow properties of high education assets, and the high dividend and low valuation of the high education industry will support the turning point of the sector's stock price.

China Merchants Securities pointed out that China Edu Group emphasizes its dividend plan of a total of CNY 3 billion for the fiscal years 2024 to 2026, and may further increase the dividend payout ratio. UBS Group also predicts that China Edu Group will generate a cumulative operating cash flow of CNY 11 billion in the future, which will cover the company's capital expenditure and leave surplus funds for dividend distribution.