Hong Kong stock movement: GOLDWAY EDU surged 20.31%

Hong Kong Stock Movement

Stocks with High Trading Volume in the Industry

New Oriental Education & Technology Group Inc. fell 1.65%. According to recent key news:

1. On September 24, Yu Minhong spoke at Peking University about the "Xibei Incident," emphasizing that companies must pay more attention to the quality of products and services in the internet era to win consumer trust and support. This statement may have affected market confidence in New Oriental, leading to a decline in stock price. Data source: Weibo.

2. On September 23, a FactSet survey showed that analysts revised their median EPS estimate for New Oriental in 2026 from CNY 3.36 to CNY 3.31, with a target price of USD 58.00. This downgrade reflects market concerns about New Oriental's future profitability, further depressing the stock price. Data source: FactSet. Industry trends and macro dynamics have a significant impact.

Tianli International Holdings fell 3.90%. Based on recent important news:

1. On September 19, Tianli International Holdings' executive director Luo Shi purchased 3 million shares of the company in the open market, demonstrating confidence in the company's prospects, which caused fluctuations in the stock price.

2. On September 19, the company spent HKD 10.621 million to repurchase 3.411 million shares, a buyback is generally seen as an acknowledgment of the company's value and may provide support for the stock price.

3. On September 22, the group announced a strategic transformation, establishing AI education as its core development direction, and the market's reaction to this transformation may lead to stock price fluctuations. The cultural media industry ranks 9th, with a market capitalization of HKD 6.834 billion.

China Education Holdings fell 2.73%. According to recent key news:

1. On September 22, HSBC Global Research reported that the rise in China Education Holdings' stock price was due to the approval of its peer Yuhua Education's schools to transform into for-profit schools. This event reflects that the approval process for for-profit school transformations may accelerate, but China Education Holdings' schools have not yet made substantial progress. After the stock price increase, the valuation remains low, with short-term profit margins under pressure, and revenue growth may slow, limiting further upward movement in stock price.

2. On September 15, Yuhua Education's Hunan University of Foreign Economic Relations received approval from the Hunan Provincial Department of Education to apply for registration as a for-profit private school, driving China Education Holdings' stock price up by 27%. This event is seen as a positive signal, indicating that the registration process for for-profit private schools may accelerate in the future.

3. On September 22, HSBC Global Research raised the target price for China Education Holdings from HKD 2.75 to HKD 3.5, maintaining a "Hold" rating. This move is based on new equity cost and exchange rate assumptions, reflecting an optimistic outlook on the industry. The progress of industry transformation approvals affects stock prices