Since December of last year, education stocks have ushered in a wave of rising prices. $EAST BUY (01797.HK)$ It also broke through a new high today. Congratulations to our value investing friends for eating meat!
Judging from the reasons for this round of gains in education stocks, favorable policies are undoubtedly a huge driving force.
In particular, the “Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035)” on December 14 is a clear signal and benefit for vocational education.
Second, there are various education companies, and their exploration and investment in new businesses has been recognized by the market. In particular, as the first person in the industry to eat crabs, New Oriental's value and spiritual significance to the industry are worthy of recognition. Recently, an announcement was also issued stating that “New Oriental Online Technology Holdings Limited” will be changed to “Oriental Selection Holdings Co., Ltd.” It can be seen that there is a trend towards live e-commerce.
Third, I think it's the economic growth forecast for 23 years and the liberalization of offline education stocks. Some time ago, I saw some news, and stock prices for the past two weeks also had a reaction.