Hong Kong stocks movement | NEW ORIENTAL-S (09901) fell over 3%. The company's overseas Business outlook is challenging, and enhancing efficiency management may slow down capacity expansion.

NEW ORIENTAL-S (09901) fell over 3%, as of the time of writing, down 2.79%, reported at 36.6 Hong Kong dollars, with a turnover of 0.107 billion Hong Kong dollars.

Zhitong Finance14:50

Tariffs exceeded expectations, U.S. stock Futures plummeted, Apple fell sharply over 7% after hours, U.S. bonds rebounded, and Futures gold reached a new high five times.

Tesla initially fell over 6% but ended up rising over 5%. After Trump announced reciprocal tariffs, the yield on the ten-year U.S. Treasury bond first hit a daily high and then turned lower; Bitcoin surged past the 0.088 million mark before dropping over 3000 dollars. Crude Oil Product closed at a new high for over two months but turned down after Trump's announcement of tariffs.

wallstreetcn07:05

Major banks rating | BOCOM INTL: Downgraded New Oriental's Target Price to 46 HKD, expecting that the study abroad Business growth will continue to be under pressure.

On April 1, GLORY held a meeting where BOCOM INTL released a research report indicating that New Oriental's non-selective business is expected to see a 22% year-on-year increase in revenue for the third quarter, while adjusted operating profit is expected to decrease by about 2.5 percentage points year-on-year, mainly due to lower-than-expected growth in study abroad-related business and investment in cultural tourism. The bank expects a 25% growth in the full-year revenue of the non-selective business, with an operating profit margin rising to 11.5%, although growth in study abroad business is expected to remain under pressure. The bank believes that the group's long-term profit margin still has room for improvement. In addition, the company has sufficient cash flow; although the business needs adjustment, its brand and scale still lead the industry, making the valuation attractive. The rating is maintained at 'Buy', with the Target Price lowered to 4.

Gelonghui FinanceApr 1 16:58 · Ratings

Dai Hang - Daiwa's investment ratings and Target Price for Chinese Internet companies (table)

Daiwa published a research report, listing the investment ratings and target prices for Chinese Internet companies as follows: Stock | Investment Rating | Target Price Alibaba (BABA.US) | Buy | $180 Alibaba (09988.HK) | Buy | HK$175 Baidu Group (BIDU.US) | Outperform | $110 Baidu Group (09888.HK) | Outperform | HK$100 Bilibili (BABA.US) | Buy | $30 Bilibili (09626.HK) | Buy

AASTOCKSApr 1 11:51

New Oriental to Report Third Quarter 2025 Financial Results on April 23, 2025

PR NewswireMar 31 17:00

New Oriental (9901.HK): Study abroad Business growth under pressure, K12 performance remains stable.

We adjusted the revenue/profit expectations for the third quarter of the 2025 fiscal year, expecting a 22% year-on-year increase in revenue from non-selective Business, while the adjusted Operating profit margin is estimated to decrease by approximately 2.5 percentage points, mainly due to the growth rate of study abroad related Business being lower than expected and investments in cultural tourism.

BOCOM INTLMar 31 15:47