EAST BUY Stock Forum

Hong Kong stocks opened lower this morning in line with the global market, as the market awaits release of the 3 major Chinese economic data. $Hang Seng Index(800000.HK)$ opened 30 points or 0.2% lower at 16,690. $Hang Seng China Enterprises Index(800100.HK)$ started 17 points or 0.3% lower at 5,803. $Hang Seng TECH Index(800700.HK)$ opened down 14 points or 0.4% at 3,535.
$BABA-SW(09988.HK)$ opened 1% lower at $71.15, as officials dismissed rumours that it is ...

$EAST BUY(01797.HK)$  , with its interim net profit slipping 57%, dived 6.4% at $24.7. $NEW ORIENTAL-S(09901.HK)$ , with its interim net profit leaping 193%, gained 1.8% at $59.6. For other dotcoms, $BABA-SW(09988.HK)$and $NTES-S(09999.HK)$ lifted 0.6%. $TENCENT(00700.HK)$ and $JD-SW(09618.HK)$ grew 1.1% and 1.5%. $BIDU-SW(09888.HK)$ mounted 2.2%. $BILIBILI-W(09626.HK)$ slid 2.6%.

$TENCENT(00700.HK)$ , $BIDU-SW(09888.HK)$ , $KUAISHOU-W(01024.HK)$ and $BILIBILI-W(09626.HK)$ gained 1.3%-1.8%. $JD-SW(09618.HK)$ leaped 3.7% at $109.2. $EAST BUY(01797.HK)$ soared 6.5%. Dong Yuhui, a senior partner of EAST BUY, told China Daily that he has not left the company.

$New Oriental(EDU.US)$$EAST BUY(01797.HK)$
Guotai Junan initiated coverage on $NEW ORIENTAL-S(09901.HK)$ , believing that the competitive landscape of the education industry significantly improved, and that leading companies in completing compliance are expected to accelerate the capture of market share, Guotai Junan released a research report saying. 
It was expected that the Company's non-GAAP net profit for FY2024 to FY202...

$New Oriental(EDU.US)$$NEW ORIENTAL-S(09901.HK)$$EAST BUY(01797.HK)$
Chairman Yu Minhong announced Dong Yuhui's new venture in a dedicated live broadcast. A distinct livestreaming room and account will be set up for Dong, focusing on book recommendations and cultural tourism. All earnings will be credited to EAST BUY.
Dong added that he would be more present in the new live room. In addition to being promoted to Senior Partner of EAST BUY, Do...

The share price of $EAST BUY(01797.HK)$shed 16% in the past 3 trading days due to the "mini essay" saga, which involves star anchors, editors and management, China Merchants Securities issued a research report on last Friday saying.
Gaotu Techedu Inc. $Gaotu Techedu(GOTU.US)$ 's share price rose sharply last Thursday night, which was believed to be driven by a surge in GMV brought about by the above saga and speculation about Dong Y...

$New Oriental(EDU.US)$$NEW ORIENTAL-S(09901.HK)$$EAST BUY(01797.HK)$$Gaotu Techedu(GOTU.US)$
EAST BUY announced that the board of directors of the Company has resolved, on 16 December 2023, to dismiss Sun Dongxu from the position of Chief Executive Officer of the Company and to re-designate him from his position as Executive Director of the Company, effective immediately.
The change in Sun’s position reflects his recent mismanagement...

$New Oriental(EDU.US)$$EAST BUY(01797.HK)$$NEW ORIENTAL-S(09901.HK)$$Gaotu Techedu(GOTU.US)$
EAST BUY released a live broadcast trailer in the early hours of 18 December, which showed that CEO Yu Minhong, and Dong Yuhui, would be broadcasting live together at 8:00pm on the same day. 
It is worth noting that the content of the poster of the live broadcast preview indicated that Dong Yuhui, the star anchor of EAST BUY amid "mini essay" saga, was promoted as "EA...

There was HKD227.2 million, HKD159.4 million and HKD124.3 million Southbound Trading net inflow to $CNOOC(00883.HK)$ , $MEITUAN-W(03690.HK)$ and $EAST BUY(01797.HK)$ .
There was HKD1.8 billion, HKD242.3 million and HKD24.1 million Southbound Trading net outflow from $TENCENT(00700.HK)$ , $XIAOMI-W(01810.HK)$ and $SUNAC(01918.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $CNOOC(00883.HK)$ was the most...

$EAST BUY(01797.HK)$ widened its upswing after midday today (18th), and is now trading at $31.55, up 20.19%, on a volume of 64.7916 million shares and turnover of $1.962 billion.
The GMV of EAST BUY's latest live-streaming show was projected to exceed RMB100 million, garnering almost 70 million viewers. 
$New Oriental(EDU.US)$$NEW ORIENTAL-S(09901.HK)$$SCHOLAR EDU(01769.HK)$$TAL Education(TAL.US)$$Gaotu Techedu(GOTU.US)$