China East Edu (00667) is now up more than 4%, up 4.15% as of the deadline, trading at HK$3.01, with a turnover of 12.6485 million Hong Kong dollars.
According to the Zhitong Finance APP, China East Edu (00667) is now up more than 4%, up 4.15% as of the deadline, trading at HK$3.01, with a turnover of 12.6485 million Hong Kong dollars.
Zhonghang Securities pointed out that under the policy tailwind, professional education is expected to open up upward space. Based on the domestic background of "policy bullish+supply clearance+performance recovery+AI empowerment," the education industry is expected to 'set sail again.' The policy explicitly supports the development of professional education, and many listed companies continue to exert efforts to accelerate the construction of a new industry pattern and enhance quality supply.
On the news front, on October 21st, China East Edu announced that Anhui Wantong Advanced Technical School, wholly owned by the company, has been officially upgraded by the Anhui Provincial Government to Anhui Wantong Technician College. Huaxi Securities pointed out that in the short term, with cost control, performance is expected to continue to exceed expectations. In the medium term, it is expected that enrollment will gradually recover along with the normalization of admissions; the company's long-term advantages lie in employment competitiveness and the ability to quickly adjust courses in response to market changes. The company's first technician college qualification has been approved, and after more regional centers are completed, it is expected to obtain technician college qualifications, thereby extending the duration of studies.