US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
CICC Morgan Stanley raised New Oriental (EDU.US) target price to $83, rated as 'shareholding'.
Morgan Stanley has released a research report adjusting the profit forecast of New Oriental (EDU.US) for the fiscal years 2025 to 2027 and beyond, while raising its target price for its US stocks from $75 to $83, giving it a "shareholding" rating. The bank stated that New Oriental is exploring new opportunities in non-academic counseling, intelligent learning devices, and cultural tourism, and utilizing its strong brand awareness and innovative business model to continue expanding the company's market share. Morgan Stanley expects New Oriental to gain more share in traditional businesses, mainly due to strong demand and insufficient supply. The bank believes that this rating reflects New Oriental's market leadership.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
Earnings Preview: New Oriental to Report Financial Results Pre-market on October 23
$New Oriental(EDU.US)$ is scheduled to release its financial results pre-market on October 23 ET. Earnings PreviewAnalysts estimate $New Oriental(EDU.US)$ to post revenue of USD1.44B for 2025Q1, up 31
New Oriental-S (09901.HK) was subject to a shareholding reduction of 1.8292 million shares by Norges Bank.
According to the latest equity disclosure data from the Hong Kong Stock Exchange on October 14, 2024, New Oriental-S (09901.HK) was reduced by Norges Bank at an average price of HK$57.1792 per share, reducing 1.8292 million shares, involving approximately HK$0.105 billion. After the shareholding, Norges Bank's latest number of shares held is 83,084,942 shares, and the shareholding ratio has decreased from 5.00% to 4.90%.
New Oriental to Hold Annual General Meeting on November 25, 2024