HK Stock Market Move | NEW ORIENTAL-S(09901) rises over 3% again, exceeds second quarter earnings expectations and raises annual revenue guidance.

New Oriental Education & Technology Group Inc. (09901) rose by over 3%, reaching 3.13% at the time of publication, to HK$47.48, with a turnover of HK$167 million. In terms of news, New Oriental recently released its financial performance announcement for the second quarter of the 2026 fiscal year, which ended on November 30, 2025. Net revenue increased by 14.7% year-on-year to US$1.191 billion; operating profit increased by 244.4% year-on-year to US$66.3 million; and net profit attributable to shareholders increased by 42.3% year-on-year to US$45.5 million. The company raised its full-year net revenue guidance for the fiscal year 2026 to US$5.292-5.488 billion, an increase of 8%-12% year-on-year. J.P. Morgan released a research report stating that they reiterated their "overweight" rating on New Oriental and maintained their position as the preferred stock, raising the target price from HK$53 to HK$55. New Oriental's second quarter performance for the fiscal year 2026 exceeded expectations and raised guidance, marking the first time in two years. The optimistic outlook of the management prompted the bank to raise its operating profit forecast for fiscal years 2026 to 2027 by 7%.