01797 EAST BUY
- 17.040
- +0.400+2.40%
EAST BUY News
Market Chatter: Beijing Fines East Buy Associate for Practicing as Travel Agent Sans Permit; Shares Slide 3%
Beijing's culture and tourism bureau has fined Dongfang Optimization Beijing Technology, a unit of New Oriental Education and Technology Group (HKG:9901) and an associate of East Buy Holding (HKG:1797), for acting as a travel agency without a business permit, Yicai Global reported Tuesday.
Oriental Selection Affiliates were fined 13,000 yuan for not obtaining a travel agency license
Oriental Selection: Get on the bus first and then refill your ticket? Staff said that when the offense occurred, there was no relevant license.
Express News | Oriental Select was fined for operating a travel agency business without a license
Changes in Hong Kong stocks | Oriental Selection (01797) fell by more than 4%. Affiliated companies were fined for operating a travel agency business without a license
Oriental Selection (01797) fell by more than 4%. As of press release, it was down 4.57% to HK$17.14, with a turnover of HK$92.8962 million.
Hong Kong online education stocks rose collectively, with New Oriental rising more than 6%, Oriental Selection by more than 2%, and Excellent Education Group by nearly 1%.
Hong Kong online education stocks rose collectively, with New Oriental rising more than 6%, Oriental Selection by more than 2%, and Excellent Education Group by nearly 1%.
Data reveal | What did Beishui buy in April? Bank of China sold over HK$10.5 billion and Tencent raised over HK$5.3 billion
Since July 2023, the southbound capital has maintained a net inflow for 10 consecutive months, with a cumulative net purchase of HK$408.792 billion during this period.
Read the list of Hong Kong stocks in April | The list of Hong Kong stocks for April has been released! Shangtang rose by nearly 70%, and TCL Electronics recorded 13 consecutive rises
A number of auto stocks showed strong performance. Brilliance China and Great Wall Motor recorded increases of 64.1% and 33.33% respectively during the month. It is worth noting that the former's stock price has doubled and surged since this year.
Hong Kong stocks closed at noon, the Hang Seng Index rose 1.99%, and the index rose 3.66%. Shangtang and Guolian Securities rose more than 15% Dongfang Selection, Xiaopeng Motors rose more than 6% Kuaishou, and Ideal Auto rose more than 4%.
Hong Kong stocks closed at noon, the Hang Seng Index rose 1.99%, and the index rose 3.66%. Shangtang and Guolian Securities rose more than 15% Dongfang Selection, Xiaopeng Motors rose more than 6% Kuaishou, and Ideal Auto rose more than 4%.
Intraday Overview | Technology stocks continue to rise, and the Tech Index rose more than 2.5%
Xiaopeng Motors and Shunyu Optical Technology rose nearly 5%, Dongfang Selection rose more than 4%, and Shangtang, Kuaishou, and Jinshan Software rose more than 3%.
BOC International: Maintaining the New Oriental-S (09901.HK) “Buy” Rating and Lowering the Target Price to HK$89
BOC International released a research report stating that without considering Oriental Selection (01797.HK), the target price for New Oriental-S (09901.HK) was lowered to HK$89, corresponding to 33 and 27 times price-earnings ratios for FY2024/25 and 48% profit growth in FY2025, maintaining a “buy” rating. Due to increased investment in Oriental Selection, the Group's operating margin forecast was lowered from 14% and to 12.8%.
Changes in Hong Kong stocks | Oriental Selection (01797) rebounded more than 7%, and New Oriental increased its holdings by 1 million shares Goldman Sachs is optimistic that its gross operating margin improved in the fourth fiscal quarter
Oriental Selection (01797) rebounded by more than 7%, and fell by more than 10% yesterday. As of press release, it rose 7.27% to HK$17.12, with a turnover of HK$129 million.
Oriental Selection (01797.HK) received 1 million additional shares of common stock worth approximately HK$17.3879 million from New Oriental Education & Technology Group Inc.
On April 25, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 25, New Oriental Education & Technology Group Inc. increased its share holdings of $Oriental Select (01797.HK) by $1 million at an average price of HK$17.3879 per share on April 24, worth approximately HK$17.3879. After the increase in holdings, New Oriental Education & Technology Group Inc.'s latest shareholding was 588 million shares
Goldman Sachs: Maintaining the New Oriental-S (09901.HK) “Buy” rating and reducing the target price to HK$88
Goldman Sachs released a research report stating that it maintained the “buy” rating of New Oriental-S (09901.HK), with a slight decrease of 2% from HK$90 to HK$88; maintaining a “neutral” rating for Oriental Selection (01797.HK), the target price was lowered from HK$21.5 to HK$18.4. The company's stock price has been excessively adjusted.
Changes in Hong Kong stocks | New Oriental-S (09901.HK) fell by nearly 15% after results, Oriental selection investment increased the company's profit margin in the short term or under pressure
New Oriental-S (09901.HK) opened nearly 15% lower after the results, and US stocks closed down nearly 14% overnight. As of press release, it decreased by 14.95% to HK$60.3, with a turnover of HK$278.35,800.
Featured announcements | Shang Tang: Class B shares resume trading now; Great Wall Motor's profit surged 17 times in the first quarter
New Oriental's net revenue increased 60% in the last fiscal quarter; Hisense Home Appliance's revenue for the first quarter increased 20.87% year over year.
Changes in Hong Kong stocks | Oriental Selection (01797) Early trading rose more than 4%. Affiliated companies obtained travel agency business permits. Public opinion events did not seriously affect live streaming sales
The Zhitong Finance App learned that Oriental Selection (01797) rose more than 4% in early trading. As of press release, it had risen 3.3% to HK$16.92, with a turnover of HK$758.751 million.
Express News | Oriental Choice obtained travel agency business license
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
Bank of America Securities: Lowering the target price of New Oriental to 86.8 yuan, the quarterly results are mixed
Bank of America Securities published a research report and ranked New Oriental's target price reduction to HK$86.8 for rated purchases as the industry's first choice.
Hong Kong online education stocks collectively fell by more than 3%, Oriental Selection (01797.HK) and New Oriental (09901.HK) fell by more than 2%.
Hong Kong online education stocks collectively fell by more than 3%, Oriental Selection (01797.HK) and New Oriental (09901.HK) fell by more than 2%.
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