Stock Track | New Oriental Education & Technology Soars 5.09% in Pre-market Trading on China's Monetary Policy Shift

Stock Track12-09

New Oriental Education & Technology's stock soared 5.09% in pre-market trading on Monday, following China's announcement of adopting an "appropriately loose" monetary policy in 2025 to support economic growth.

According to state media reports, China's top leadership vowed to implement a more proactive fiscal policy and loosen monetary conditions, marking the first such shift towards easing since 2010. This policy shift aims to boost consumption, expand domestic demand, and drive innovation through "unconventional" counter-cyclical adjustments.

As a leading education company in China, New Oriental Education & Technology is expected to benefit from the stimulative policies aimed at spurring economic growth. The pre-market rally also reflects investors' optimism towards Chinese stocks and the broader market's positive reaction to the policy announcement.

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