According to Zhitong Finance APP, New Oriental-S (09901) rose over 3% in the afternoon, as of the time of writing, up 3.36%, priced at 47.7 Hong Kong dollars, with a trading volume of 0.17 billion Hong Kong dollars.

On the news front, on November 22, Hang Seng Index Company announced the quarterly review results of the Hang Seng Index series as of September 30, 2024. New Oriental has officially been included as a constituent stock of the Hang Seng Index, with the changes taking effect from December 9 (next Monday). CICC stated that entering the Hang Seng Index is expected to bring New Oriental-S an inflow of 63.55 million US dollars in passive funds, with the inflow period of about 1.6 days.

Zhongtai Securities pointed out that the low-cost improvement of teaching efficiency through AI+education is expected, and the commercialization prospects are bullish; overseas AI+education companies have excellent AI enhancement effects, and opportunities for commercialization are bullish for domestic companies with strong product capabilities and efficient promotion capabilities. The firm noted that New Oriental has a physical network of schools, learning centers, and bookstores nationwide, as well as an online learning platform, a rich reserve of teachers, and a high brand recognition. The company actively embraces AI technology, launching AI smart hardware products such as smart learning machines combined with intelligent learning systems, providing features like AI error books, allowing users to accurately analyze weak areas in learning based on their learning progress and knowledge proficiency, and to push targeted learning content and practice questions.