Jinwu Financial News | Education stocks rose again. Thinking Le Education (01769) rose 20.87%, Excellent Education Group (03978) rose 18%, Guangzheng Education (06068) rose 12.28%, Bojun Education (01758) rose 4.65%, Yuhua Education (06169) rose 4%, China Kepei (01890) rose 3.36%, and China Education Holdings (00839) rose 2.41%.
Debon Securities said that the education policy has sent a signal, and valuations have been repaired at an accelerated pace. Multiple factors are driving improvements in fundamentals in the education sector. Positive policy signals are released, market sentiment is picking up, and AI+ is empowering the digitization of education. Performance is recovering at an accelerated pace, and valuation recovery can be expected. It is recommended to focus on four main lines: 1) Subject K12 extracurricular training: the compression rate of offline/online K9 subject education and training institutions after double reduction is 96%/87%, respectively, the leading transformation direction is determined & market sentiment is picking up, so valuation restoration can be expected; 2) Vocational education: recruitment circuit. The number of applicants and applicants for the 2024 national examination reached a record high. The current employment environment is expected to maintain a high level of prosperity on the racetrack, compounding industry leaders' own business strategy adjustments and management improvement trends; 3) High valuations: undervalued safety Interaction is the foundation, and priority is given to high quality assets and performance growth A faucet with better performance and better fluidity.