Movement Alert｜New Oriental-S Falls 3.17% in Regular Trading, Former East Buy CEO Teams Up with Ex-Hosts to Launch Competing E-commerce Venture

Market Focus09:44

On July 21, New Oriental-S declined 3.17% in regular trading, trading at 38.46 HKD/share, with turnover of 28.46 million HKD. The decline was driven by growing market concerns over competition from former East Buy CEO Sun Dongxu, who partnered with former hosts Shi Ming and Guo Tianquan to establish Beautiful Tomorrow (Beijing) Technology Co., Ltd.

The new company, registered on July 10 with 1 million RMB in capital, operates in fresh meat, seafood, fruits, vegetables, and cosmetics wholesale and retail — a business scope that highly overlaps with East Buy. Sun Dongxu holds 34% equity and serves as legal representative. The company's Douyin account has already attracted over 330,000 followers since launching on July 13. New Oriental founder Yu Minhong responded that no non-compete agreements exist, expressing well-wishes while noting New Oriental has never been undermined by departing employees over its 30-year history.

The broader Education Services sector also traded weak, with ABLE DIGITAL down 25.03%, China East Education down 0.93%, and China Education Group flat.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1151820971?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-21 09:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1151820971","market":"us","top_or_hot":-1,"title":"Movement Alert｜New Oriental-S Falls 3.17% in Regular Trading, Former East Buy CEO Teams Up with Ex-Hosts to Launch Competing E-commerce Venture","media":"Market Focus","content":"<p><p>On July 21, New Oriental-S declined 3.17% in regular trading, trading at 38.46 HKD/share, with turnover of 28.46 million HKD. The decline was driven by growing market concerns over competition from former East Buy CEO Sun Dongxu, who partnered with former hosts Shi Ming and Guo Tianquan to establish Beautiful Tomorrow (Beijing) Technology Co., Ltd.</p><p>The new company, registered on July 10 with 1 million RMB in capital, operates in fresh meat, seafood, fruits, vegetables, and cosmetics wholesale and retail — a business scope that highly overlaps with East Buy. Sun Dongxu holds 34% equity and serves as legal representative. The company's Douyin account has already attracted over 330,000 followers since launching on July 13. New Oriental founder Yu Minhong responded that no non-compete agreements exist, expressing well-wishes while noting New Oriental has never been undermined by departing employees over its 30-year history.</p><p>The broader Education Services sector also traded weak, with ABLE DIGITAL down 25.03%, China East Education down 0.93%, and China Education Group flat.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜New Oriental-S Falls 3.17% in Regular Trading, Former East Buy CEO Teams Up with Ex-Hosts to Launch Competing E-commerce Venture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜New Oriental-S Falls 3.17% in Regular Trading, Former East Buy CEO Teams Up with Ex-Hosts to Launch Competing E-commerce Venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-07-21 09:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On July 21, New Oriental-S declined 3.17% in regular trading, trading at 38.46 HKD/share, with turnover of 28.46 million HKD. The decline was driven by growing market concerns over competition from former East Buy CEO Sun Dongxu, who partnered with former hosts Shi Ming and Guo Tianquan to establish Beautiful Tomorrow (Beijing) Technology Co., Ltd.</p><p>The new company, registered on July 10 with 1 million RMB in capital, operates in fresh meat, seafood, fruits, vegetables, and cosmetics wholesale and retail — a business scope that highly overlaps with East Buy. Sun Dongxu holds 34% equity and serves as legal representative. The company's Douyin account has already attracted over 330,000 followers since launching on July 13. New Oriental founder Yu Minhong responded that no non-compete agreements exist, expressing well-wishes while noting New Oriental has never been undermined by departing employees over its 30-year history.</p><p>The broader Education Services sector also traded weak, with ABLE DIGITAL down 25.03%, China East Education down 0.93%, and China Education Group flat.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09901","symbol_name":"新东方-S","start_time":0,"source_url":"","article_id":"1151820971","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151820971","pubTimestamp":1784598262,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On July 21, New Oriental-S declined 3.17% in regular trading, trading at 38.46 HKD/share, with turnover of 28.46 million HKD. The decline was driven by growing market concerns over competition from...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09901":"新东方-S"},"translate_title":"动向警报|新东方-S常规交易下跌3.17%，前东购首席执行官与前主持人合作推出竞争电子商务企业","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09901":1},"content_text":"On July 21, New Oriental-S declined 3.17% in regular trading, trading at 38.46 HKD/share, with turnover of 28.46 million HKD. The decline was driven by growing market concerns over competition from former East Buy CEO Sun Dongxu, who partnered with former hosts Shi Ming and Guo Tianquan to establish Beautiful Tomorrow (Beijing) Technology Co., Ltd.The new company, registered on July 10 with 1 million RMB in capital, operates in fresh meat, seafood, fruits, vegetables, and cosmetics wholesale and retail — a business scope that highly overlaps with East Buy. Sun Dongxu holds 34% equity and serves as legal representative. The company's Douyin account has already attracted over 330,000 followers since launching on July 13. New Oriental founder Yu Minhong responded that no non-compete agreements exist, expressing well-wishes while noting New Oriental has never been undermined by departing employees over its 30-year history.The broader Education Services sector also traded weak, with ABLE DIGITAL down 25.03%, China East Education down 0.93%, and China Education Group flat.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1151820971","isCrawlerRequest":true}