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In the "Big Banks" report, China International Capital Corporation: The Education Industry shows positive signals, reiterating the "Buy" ratings for TAL Education (TAL.US) and New Oriental (EDU.US).
The Bank of China International released a report indicating that Shanghai's secondary school students' extracurricular mathematics school will start enrolling 10th and 11th-grade students again from January 2025, offering courses aimed at training for the Olympic Mathematics Competition. Shanghai's secondary school students' extracurricular mathematics school is dedicated to Olympic Mathematics training, supported by several official Institutions such as the Shanghai Education Bureau and the Shanghai Mathematics Society. The report states that after the implementation of the "double reduction" policy in 2021, the school closed all tutoring for every grade. This is the first time since the implementation of the double reduction policy that the school has reopened enrollment and tutoring services.
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
TAL Education (TAL) Soars 5.9%: Is Further Upside Left in the Stock?
Everbright Securities: The competitive landscape of K12 education and training is expected to improve, and the industry's leading companies are gradually recovering their profits within the year.
With the clearing of the industry, the competitive landscape has improved, and the profitability of leading companies is gradually recovering (under optimized conditions, the utilization rate of leading outlets and the scheduling rate of teachers are gradually increasing). The darkest hour for the education and training industry has passed.
Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.
① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.