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China Chunlai Education Group's Sponsored Schools to Cooperate With Australian, New Zealand's Educational Institutes
China Chunlai Education Expands With Global Partnerships
China Chunlai (01969.HK): Anyang University and Shangqiu College have signed a Sino-foreign cooperation agreement with the Australian Elite Education Institute.
gelonhui November 11th news | china chunlai (01969.HK) announced that in November 2024, Anyang College and Shangqiu College signed cooperation agreements with the Australian Elite Education Institute, and Anyang College signed a cooperation agreement with Massey University in New Zealand, in order to establish in-depth strategic cooperation relationships with these institutions, promote all parties to achieve the common goals of diversified and international education. Anyang College and Shangqiu College are both schools wholly owned by the company. The board of directors believes that the cooperation agreements will allow all parties to leverage each other's rich experience and resources in the fields of education, scientific research, and cultural exchange, to explore more diversification.
HK stocks are on the move | Education stocks are all rising, as the policy proposes expanding the supply of high-quality education resources. Private high schools are the first to benefit from the warming of HK stocks.
Education stocks are on the rise. As of the time of publication, China Edu Group (00839) rose by 5.65% to HK$5.05; Beststudy Edu (03978) rose by 5.12% to HK$3.08; New Oriental-S (09901) rose by 3.85% to HK$47.15; China East Edu (00667) rose by 3.33% to HK$3.1.
Hong Kong stocks have seen unusual movements|China Chunlai once surged by over 22.6%, with the release of bullish policies and the first institution initiating a 'buy' rating.
China Chunlai (1969.HK) once soared by over 22.6% intraday, reaching a high of 5.9 Hong Kong dollars, hitting a new high since February this year.
The central bank has launched two measures at the same time! The reserve requirement ratio is reduced by 0.5 percentage points, and the 7-day reverse repurchase operation interest rate is lowered by 20 basis points.
Starting from September 27, 2024, the reserve requirement ratio for financial institutions is reduced by 0.5 percentage points. After this reduction, the weighted average reserve requirement ratio for financial institutions is approximately 6.6%.
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