HK Stock Market Move | Education stocks rose in early trading, with TIANLI INT HLDG (01773) up nearly 6% and NEW ORIENTAL-S (09901) up nearly 6%.
Education stocks rose across the board in the morning session. As of the time of writing, Tarena International Holdings (01773) rose 5.9% to HK$4.13; New Oriental Education & Technology Group Inc. (09901) rose 3.8% to HK$47.75; China Edu Corporation (02469) rose 2.87% to HK$2.51; and China East Education Holdings Limited (00667) rose 1.97% to HK$2.59.
In the morning session, education stocks generally rose. As of the time of publication, TIANLI INT HLDG (01773) rose by 5.9% to HK$4.13; NEW ORIENTAL-S (09901) rose by 3.8% to HK$47.75; FENBI (02469) rose by 2.87% to HK$2.51; CHINA EAST EDU(00667) rose by 1.97% to HK$2.59.
In terms of news, the CPC Central Committee and the State Council recently issued the "Outline of Building a Strong Education Country (2024-2035)", aiming to enhance the key operating capabilities of vocational schools; optimize the implementation of high-level higher vocational schools and major construction plans, and construct a batch of high-level vocational undergraduate colleges with distinctive characteristics.
The Founder pointed out that the trend of standardization and regularization of off-campus training continues. It is necessary to coordinate the advancement of "double reduction" and the improvement of educational quality; consolidate the achievements in the governance of off-campus training, strictly control subject-specific training, and standardize non-subject-specific training. It is recommended to pay attention to K12 sector education companies; in terms of vocational education, broaden the pathway for student growth and talent development through vocational and general education integration.
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