HK Stock Market Move | CHINA EAST EDU (00667) rose nearly 6% in morning trading; the "China Vocational Education White Paper" was recently released; the company is a leading player in domestic vocational education.

CHINA EAST EDU (00667) rose nearly 6% in morning trading. As of press time, it was up 4.47% at HK$4.325, with a turnover of HK$18.1736 million. On the news front, on October 17, the Ministry of Education released the "China Vocational Education White Paper" at the 2026 World Vocational and Technical Education Development Conference. The white paper proposed that China will take the 2026 World Vocational and Technical Education Development Conference as a new starting point to promote vocational education in countries around the world to use standards as a bond and cooperation as a bridge, jointly embarking on a new journey of high-quality development of global vocational education. Soochow pointed out that CHINA EAST EDU, as a leading company in domestic vocational skills education, is based on culinary arts while steadily expanding its tracks, and has achieved notable success in multiple industries such as computers, automotive services, and beauty. Currently, the company is grounded in its core business fundamentals, with relatively stable operations, and is expected to achieve double-digit compound annual revenue growth, with profit margins improving in recent years; it has sufficient cash on hand and continues to pay dividends. The first coverage was given a "Buy" rating, with key recommendation.