HK Stock Market Move | CHINA EAST EDU (00667) surged over 8% in morning trading; the Ministry of Education will implement a work plan for vocational education to support the expansion and quality improvement of the service industry.

CHINA EAST EDU (00667) rose over 8% in morning trading. As of press time, it was up 8.40% at HK$4.39, with a turnover of HK$21.6195 million. On the news front, on October 12, the Ministry of Education announced that it will implement a work plan for vocational education to support the expansion and quality improvement of the service industry, giving priority to 8 key areas with large production capacity, a clear role in driving economic growth, urgent livelihood needs, and a shortage of skilled talent for high-skilled talent training. In addition, the 2026 World Vocational and Technical Education Development Conference will be held in Tianjin from October 15 to 17, and the first international vocational education standard, the "Beijing Agreement," will soon be released. Public information shows that CHINA EAST EDU owns seven major brands, including New Oriental Cooking, Xinhua Computer, and Wantong Automobile. As of the first half of 2026, the company operated a total of 233 institutions. Guosheng issued a research report stating that CHINA EAST EDU, as a leading vocational skills training company, is driven by an optimized enrollment structure to stabilize and rebound in fundamentals, with profitability continuously recovering. It initiated coverage with a "Buy" rating.