HK Stock Market Move | CHINA EAST EDU (00667) rises by more than 9%, policy continues to support vocational education, and the company's refined operation drives benefit improvement.
China East Education (00667) rose by over 9% again, up 8.95% as of the time of writing, closing at HKD 3.53, with a trading volume of HKD 35.5041 million.
CHINA EAST EDU (00667) rose over 9% again, as of press time, rising by 8.95% to HK$3.53, with a turnover of HK$355,041,000.
On the news front, the 2025 government work report added "gradually implement free preschool education", "expand the supply of high school education degrees", and "integrate vocational and general education", further expanding the coverage of inclusive education. In addition, on March 5, at the first "ministerial passage" of the Third Session of the Fourteenth National People's Congress, Minister of Education Huai Jinpeng introduced that they will steadily promote the expansion of undergraduate education in "Double First-Class" universities and vigorously improve vocational education.
Shenwan Hongyuan Group pointed out that CHINA EAST EDU is a nationwide vocational education and training institution that is committed to providing professional training services in culinary technology, information technology, automotive service technology, and fashion and beauty industry. The bank believes that the company will achieve enrollment growth through market-oriented course offerings. The company's vocational education center investment will further solidify its competitiveness. In addition, with the company's refined operational strategy, operating profit margins will continue to improve. In the next three years, the company will enter a period of high-quality growth with increasing revenue and improved profit margins.
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