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Trending Industry Today: NEW ORIENTAL-S Leads Losses In Online Education Stocks
April 25th - The industry of $Online Education(BK1193.HK)$ is trending lower today with 1 constituents up, 4 constituents down and NEW ORIENTAL-S leading Losses.$NEW ORIENTAL-S(09901.HK)$ drops 16.57%
Changes in Hong Kong stocks | New Oriental-S (09901) fell by nearly 15% after results, Oriental selection investment increased the company's profit margin in the short term or under pressure
New Oriental-S (09901) opened nearly 15% lower after the results, and US stocks closed down nearly 14% overnight. As of press release, it decreased by 14.95% to HK$60.3, with a turnover of HK$278.35,800.
Changes in Hong Kong stocks | Oriental Selection (01797) Early trading rose more than 4%. Affiliated companies obtained travel agency business permits. Public opinion events did not seriously affect live streaming sales
The Zhitong Finance App learned that Oriental Selection (01797) rose more than 4% in early trading. As of press release, it had risen 3.3% to HK$16.92, with a turnover of HK$758.751 million.
Direct impact of changes | Oriental Selection rebounded by more than 4%. Public opinion events did not seriously affect live streaming sales. Agencies say there is no need to worry about the stability of the company's operations
On April 18, $Oriental Selection (01797.HK) rebounded more than 4% in the afternoon. As of press release, it rose 4.08% to HK$16.34, with a turnover of HK$150 million. Market source: According to news from Futubull Niu Niu, Yu Hui and New Oriental once again caused a public opinion incident due to overlapping live streaming schedules. Shen Wan Hongyuan Hong Kong pointed out that there is a big difference between the New Oriental Cultural Tourism Business and the Oriental Selected Regional Special Business, which does not affect their respective sales activities. Oriental Selection's live streaming sales did not decline due to public opinion events, showing strong sales resilience. The bank believes that the company uses content as king for live streaming
Oriental Selection (01797.HK) received 1 million additional shares from New Oriental
Glonghui, April 12 | According to the Stock Exchange's latest equity disclosure data, on April 10, 2024, Oriental Selection (01797.HK) received New Oriental Education & Technology Group Inc. increased its holdings by 1 million shares at an average price of HK$16.5241 per share on the market, involving approximately HK$165.241. After the increase in holdings, the latest number of shares held by New Oriental Education & Technology Group Inc. was 577,538
Changes in Hong Kong stocks | Oriental Selection (01797) fell more than 5%, institutions say profit margins fell by 4 percentage points year on year, the company recently experienced another public storm
The Zhitong Finance App learned that Oriental Selection (01797) fell by more than 5%, with a cumulative decline of more than 44% during the year. As of press release, it had a decrease of 5.51% to HK$15.44, with a turnover of HK$149 million. BOC International released a research report on New Oriental saying that Oriental's selection revenue is growing at an accelerated pace, but profit margins may have dropped 4 percentage points year over year. The bank said that according to data estimates from Mama Cicada, Dongfang Selection's GMV increased 75% year over year to 5 billion yuan in the 3rd quarter. The main increase came from the “Walk with Hui” Douyin account, as well as non-live streaming contributions from Taobao, its own apps, and its own products. Estimated revenue of approximately $1.96 billion, YoY
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