China-Thailand International Morning News:
Education: major shareholders of higher education institutions increase their holdings
As a result of the "double reduction" policy, education stocks have fallen in recent days, and major shareholders of higher education institutions have taken the opportunity to increase their holdings in order to show their confidence in the company's long-term development. The major shareholders of New higher Education increased their holdings by a total of 1 million shares on the 27th and 28th at an average price of HK $3.43 and HK $3.59 per share. Zhonghui GroupMajor shareholders increased their holdings by a total of 480000 shares on the 19th and 28th, with a price range of HK $5.0-HK $6.75 per share. We believe that increasing the holdings of major shareholders is conducive to improving the short-term investment atmosphere.
New energy:Xiexin new energy(451 HK): establishment of hydrogen Energy Division
Xiexin New Energy announced the establishment of hydrogen Energy Division to actively study and develop hydrogen energy and related industries. The company signed a memorandum of understanding with the affiliated company Poly Xiexin Natural Gas to use the latter's overseas natural gas resources to be shipped back to China for hydrogen production.
Xiexin New Energy has also entered into a strategic cooperation agreement with China Construction Capital Management to set up a 10 billion yuan hydrogen industry investment fund to invest in the former's hydrogen energy business. The company has also signed a strategic cooperation memorandum with CCB International Asset Management to establish a new energy industry investment fund of no more than 800 million US dollars.
Sino-Thai International Review:Technically beneficial to short-term stock prices. In the medium term, it still depends on the details and implementation of the company's new business.
Property management: elegant living Services (3319 HK) expects that the profit attributable to shareholders in the medium term will increase by no less than 45% compared with the same period last year.
Yashi Services (3319 HK) announced that the group's unaudited shareholders' share of profits for the six months ended June 30, 2021 is expected to increase significantly by no less than 45 per cent compared with the same period in 2020.