China East Education Jumps Over 7% in Morning Trade After Guosheng Securities Initiates Coverage with Buy Rating

Deep News10-16

China East Education (00667) rose more than 8% intraday. As of press time, the stock was up 6.67%, trading at HK$4.32, with turnover of HK$27.13 million.

On October 12, the Ministry of Education announced a work plan to support the expansion and upgrading of the service industry through vocational education, prioritizing high-skilled talent cultivation in 8 key areas with large production capacity, a clear pull on economic growth, urgent livelihood needs, and a shortage of skilled workers. In addition, the 2026 World Vocational and Technical Education Development Conference will be held in Tianjin from October 15 to 17, and the first international vocational education standard, the Beijing Accord, is about to be released.

Public information shows that China East Education owns seven major brands, including New Oriental Cooking, Xinhua Computer, and Wantong Automobile. As of the first half of 2026, the company operated a total of 233 schools.

Guosheng Securities Inc. released a research report stating that China East Education, as a leader in vocational skills training, is seeing its fundamentals stabilize and rebound, driven by an optimized enrollment structure, while profitability continues to recover. It initiated coverage with a Buy rating.

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