HK Stock Market Move | FENBI (02469) has risen by more than 18%, driven by AI technology, leading to a significant increase in company profits. Recruitment and training demands are expected to increase.

FENBI (02469) rose by more than 18%, and as of the time of writing, it had increased by 18.35% to HKD 3.16, with a turnover of HKD 82.3279 million. In terms of news, in the first half of this year, FENBI achieved revenue of RMB 1.63 billion, with a net profit of RMB 280 million, a year-on-year increase of 240.9%. Adjusted net profit was RMB 350 million, a year-on-year increase of 21.2%. Zheshang previously stated that FENBI, as a leading recruitment examination training provider, has demonstrated strong advantages in product course development and technological research and development in the current economic environment and industry competition. With the continuous deepening of the OMO model and the continuous empowerment of AI under the advantage of onlineization, there is still room for improvement in profit margins. In addition, the registration for the 2025 provincial government (unit) civil servant recruitment examination is currently underway. It is reported that in this provincial examination, many provinces are inclined towards recruiting fresh graduates from college and grassroots frontline workers. Several provinces have also stated that the age requirements for some positions have been relaxed to 40 years old. Cinda pointed out that the registration for the 2025 national examination has reached a new high, with a 13% increase in the number of applicants, further reducing the admission rate, which is expected to stimulate the demand for recruitment training. Recruitment training institutions are entering a peak period of student training, and it is recommended to pay attention to the performance elasticity, including companies like FENBI.