On May 27, New Oriental-S fell 3.09% in regular trading, trading at HK$36.42/share, with trading volume of approximately HK$56.95 million.
On the news front, New Oriental previously reported fiscal Q3 results, with net revenue rising 19.8% year-over-year to US$1.417 billion, operating profit surging 44.8%, and net profit attributable to shareholders climbing 45.3%. While the results beat market expectations, the company's forward guidance remained uninspiring, continuing to suppress share price performance. Additionally, US Treasury yields have remained above the 5% level, with tightening global liquidity expectations exerting pressure on growth stocks broadly.
The education services sector declined collectively, with Tianli International Holdings down 4.4%, China East Education down 4.26%, and China Education Group down 2.6%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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