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Huaxin Securities: The demand in the Education Sector is rigid, supply is clearing, and the leading companies are restoring flexibility.
The bank is bullish on SCHOLAR EDU (01769) for successfully transitioning from K12 subject training to quality education and high school training, as well as on Excellence Education (03978) and Xueda(Xiamen)Education Technology Group (000526.SZ), and suggests paying attention to Shanghai Xinnanyang Only Education & Technology (600661.SH).
Express News | Hong Kong stocks of 21CENTURY EDU have suspended Trade, falling by 0.89% before the suspension.
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.
21CENTURY EDU (01598.HK) may delay the release of its annual results and the shares may be suspended.
21CENTURY EDU (01598.HK) announced that the publication of the 2024 annual results may be delayed due to government regulations, which have led to the company's auditor not completing the relevant audit procedures, making it impossible to finalize the annual results by March 31, 2025, or earlier. Therefore, the trading of the company's shares may be suspended.
21CENTURY EDU: INSIDE INFORMATIONPOSSIBLE DELAY IN PUBLICATION OF THE 2024 ANNUAL RESULTS;POSSIBLE DELAY IN DESPATCH OF THE 2024 ANNUAL REPORT;POSSIBLE DELAY OF BOARD MEETING;ANDPOSSIBLE SUSPENSION OF TRADING
Driven by technology and policy, the Education Industry pattern and valuation are expected to be restructured.
At the economic themed press conference on March 5, Zheng Zhanjie, the director of the National Development and Reform Commission, introduced plans to expand the supply of high-quality Education resources, continue to promote the quality upgrade of higher education, and further increase the scale of undergraduate enrollment in 'Double First Class' Universities.