Hong Kong stock movement: CHEN LIN EDU rises 13.42%

Hong Kong Stock Movement CHEN LIN EDU rose 13.42%. According to recent important news: On September 23, CHEN LIN EDU announced a guarantee of up to RMB 300 million for its wholly-owned subsidiary Jiangxi University of Applied Science and Technology. This move aims to enhance the company's cash flow management capabilities through a financing agreement with CITIC Bank Nanchang Branch. This news boosted market confidence, driving the stock price up by 13.42%. There has been an increase in financing activities in the education sector. Stocks with High Trading Volume in the Industry New Oriental-S rose 0.71%, with a trading volume of HKD 102 million. Based on recent key news: On September 24, Luo Yonghao retweeted a news article by Yu Minhong discussing the Xibei incident on Weibo, commenting that Xibei does not have any particular issues. Yu Minhong emphasized in his speech that companies need to focus on product and service quality to gain consumer trust and support. This statement had a positive impact on New Oriental's brand image, driving the stock price up. On September 23, the latest FactSet survey showed that 25 analysts revised their median EPS estimate for New Oriental in 2026 down from RMB 3.36 to RMB 3.31, with a target price of HKD 58.00. The downward revision by analysts reflects the market's cautious attitude towards New Oriental's future profitability, leading to stock price fluctuations. On September 26, Daiwa published a research report stating that New Oriental's operating conditions for the summer semester of 2025 are stable, with improved student retention rates for the fall and no further deterioration in overseas exam preparation services. Daiwa raised its revenue forecast for New Oriental for the fiscal years 2026 to 2028 by 1% to 2% and its earnings per share forecast by 0.2% to 5%, reiterating a buy rating and raising the target price from HKD 43 to HKD 49. This report acted as a positive catalyst for the stock price