HK Stock Market Move | SCHOLAR EDU (01769) rose more than 4% in the afternoon with BlackRock International recently frequently increasing its holdings. Institutions are optimistic about the improvement of the leading educational company's performance.

SCHOLAR EDU (01769) rose more than 4% in the afternoon, with a 3.46% increase at the time of writing, trading at 5.08 Hong Kong dollars, with a turnover of 27.668 million Hong Kong dollars. In terms of news, according to documents disclosed by the Hong Kong Stock Exchange, on December 17, Fidelity International increased its holdings of 536,000 shares of SCHOLAR EDU common stock, worth approximately 2.6584 million Hong Kong dollars. It is worth noting that Fidelity International has been continuously increasing its holdings of SCHOLAR EDU for the past two months, with its stake increasing from 4.87% in early November to 8.05% on December 17. EB SECURITIES pointed out that with the industry consolidation and improvement in industry competition, the profitability of leading companies is gradually recovering (under the optimized industry structure, the utilization rate of leading branches and teacher scheduling rates are gradually increasing), and the industry has passed its darkest hour. The certainty of the improvement in profit margin of the leading company in the 24-year industry is higher than that of CKH HOLDINGS, and it is still necessary to continue to pay attention to the policy direction. It is recommended to focus on SCHOLAR EDU and others.