On June 9, New Oriental-S fell 3.16% in regular trading, trading at HK$35.64/share, with trading volume of HK$3.99 million.
On the news front, New Oriental previously reported robust fiscal Q3 results, with net revenue rising 19.8% year-over-year to US$1.417 billion, operating profit surging 44.8%, and net income attributable to shareholders climbing 45.3%, all exceeding market expectations. However, the company's forward guidance remained uninspiring with no upward revision momentum, continuing to weigh on share price performance. Although the stock briefly staged a valuation recovery rally following the earnings beat, weak guidance has sustained pressure on market confidence, with shares extending their pullback from recent highs.
In the broader education sector, weakness was evident across multiple names. Fenbi declined 6.78%, while China Education Group fell 1.52%, reflecting sector-wide softness that compounded the downward pressure on New Oriental.
(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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