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

Zhitong FinanceApr 18 03:22 ET

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

Gelonghui FinanceApr 11 18:38 ET

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

Zhitong FinanceApr 10 22:40 ET

Changes in Hong Kong stocks | Oriental Selection (01797) fell more than 5%, the Supreme Court says it is carrying out research on issues such as online rewards, etc. The company recently faced another public controversy

Oriental Selection (01797) fell by more than 5% in early trading, and the cumulative decline during the year was over 40%. As of press release, it decreased by 5.73% to HK$16.12, with a turnover of HK$247 million.

Zhitong FinanceApr 9 23:36 ET

Changes in Hong Kong stocks | Oriental Selection (01797) fell more than 8% to a new low. Recently, Henan New Oriental Cultural Tourism completely stopped live streaming and made adjustments

Oriental Selection (01797) fell by more than 8%, and the intraday low of HK$17.8 hit a new low since July 2022. The current stock price has dropped nearly 40% from its high during the year. As of press release, it decreased by 8.01% to HK$17.92, with a turnover of HK$422 million.

Zhitong FinanceApr 8 02:57 ET

Oriental Selection (01797) issues 10,000 shares under the initial public offering after-sales share option plan

According to the Zhitong Finance App, Oriental Selection (01797) issued an announcement to issue 10,000 shares under the initial public offering after-sales share option plan and 12.298,700 shares under the 2023 share award plan on March 20, 2024.

Zhitong FinanceMar 20 07:49 ET