China East Education (00667) saw its intraday gain exceed 8%. As of press time, the stock was up 4.59% at HK$4.33, with a turnover of HK$20.1879 million.
On October 17, the Ministry of Education released the "China Vocational Education White Paper" at the 2026 World Vocational and Technical Education Development Conference. The white paper proposed that China will take the 2026 World Vocational and Technical Education Development Conference as a new starting point to promote vocational education across countries worldwide, using standards as a bond and cooperation as a bridge, to jointly embark on a new journey of high-quality development in global vocational education.
Soochow Securities noted that China East Education, as a leading company in domestic vocational skills education, is based on culinary expertise while steadily expanding its tracks, and has achieved notable accomplishments in multiple industries including computers, automotive services, and beauty. Currently, the company is grounded in its core business fundamentals, with relatively stable operations. It is expected to achieve double-digit compound annual revenue growth, and its profit margin has improved in recent years; it has sufficient cash on hand and continues to pay dividends. The brokerage initiated coverage with a "Buy" rating and highlighted it as a top recommendation.
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