Jinwu Financial News | Some education stocks were strong. Xile Education (01769) rose 8.06%, Maple Leaf Education (01317) rose 4.92%, New Oriental (09901) rose 1.77%, and Chalk (02469) and New Higher Education Group (02001) followed suit.
Tianfeng Securities released a research report saying that recently, the Ministry of Education issued the “Regulations on the Administration of Out-of-School Training (Draft for Comments)” to further regulate out-of-school training following the “double reduction” policy. The “Draft for Solicitation of Comments” clarifies the basic position of out-of-school training as a useful complement to school education. The bank believes that policies are beneficial, and at the same time suggests focusing on education and training opportunities.