思考樂教育:2023年報
Cinda Securities: The K12 industry has broad market space, and industry concentration is expected to increase
Cinda Securities released a research report saying that the K12 industry has a broad market space. Among them, demand for non-subject training is strong, participation rates have increased dramatically, and the market is expected to grow at an accelerated pace to meet the demand for subject education and training. However, the market pattern is very scattered, and concentration is expected to increase after the supply-side experience is greatly cleared. Furthermore, the policy is expected to further clarify the future development path, reduce market concerns about the development prospects of the industry, and raise sector valuations. It is recommended to focus on Good Future (TAL.US), New Oriental-S (09901.HK), University Education (000526.SZ), Onli Education (600661.SH), Zhuo
Direct impact of changes | Oriental Selection rebounded by more than 4%. Public opinion events did not seriously affect live streaming sales. Agencies say there is no need to worry about the stability of the company's operations
On April 18, $Oriental Selection (01797.HK) rebounded more than 4% in the afternoon. As of press release, it rose 4.08% to HK$16.34, with a turnover of HK$150 million. Market source: According to news from Futubull Niu Niu, Yu Hui and New Oriental once again caused a public opinion incident due to overlapping live streaming schedules. Shen Wan Hongyuan Hong Kong pointed out that there is a big difference between the New Oriental Cultural Tourism Business and the Oriental Selected Regional Special Business, which does not affect their respective sales activities. Oriental Selection's live streaming sales did not decline due to public opinion events, showing strong sales resilience. The bank believes that the company uses content as king for live streaming
Changes in Hong Kong stocks | Excellent Education Group (03978) rose more than 6% intraday, the trend of compliance in out-of-school training remained unchanged, and demand for training was still strong
Excellence Education Group (03978) rose more than 6% in the intraday period. As of press release, it was up 5.02% to HK$2.93, with a turnover of HK$5.3075 million.
Repurchase Collection on April 17 | HSBC Holdings, Hang Seng Bank, etc. bought back one after another, of which HSBC Holdings spent HK$226 million
According to HKEx's April 18 disclosure documents, $HSBC Holdings (00005.HK) $ and $Hang Seng Bank (00011.HK) $ repurchased shares. ① $HSBC Holdings (00005.HK) $ repurchased 3.6 million common shares on April 16, involving an amount of HK$226 million. The repurchase price per share ranged from HK$63.05 to HK$62.25. ② $Hang Seng Bank (00011.HK) $ repurchased 600,000 common shares on April 17, involving an amount of HK$57.427,600. The repurchase price per share ranged from HK$96.65 to 94.9
Thinking Music Education (01769.HK) spent HK$316,000 to buy back 80,000 shares on April 17
On April 17, Ge Longhui Education (01769.HK) issued an announcement. On April 17, 2024, it spent HK$316,000 to repurchase 80,000 shares, with a repurchase price of HK$3.92-3.97 per share.