A former teacher, now a sales clerk. This miracle is called Oriental Selection
I feel like the story of the transformation of the New Oriental can be filmed again in “Chinese Partner 2”, which perfectly explains what PlayerUnknown's Battlegrounds, Strong Counterattack, and pays homage to Yu Minhong, a real man
Accompanied by appreciation, questioning, abuse, confusion, and disagreement $EAST BUY (01797.HK)$ The company recorded an increase of more than 20 times in the past 8 months, which is a miracle for Hong Kong stocks
Speaking about my own experience, the first time I came into contact with securities financing and short selling was because I wanted to short sell New Oriental Online. At the time, I thought it was XJB speculated and opened up short selling qualifications for Hong Kong stocks. Looking at New Oriental reaching record highs today, interest rates on securities loans are lower than last year (around 15%). Remember last year when we saw 28% + interest on securities loans, and empty pools were often out of stock. It is estimated that this 14-fold increase would knock out the bears.Thankfully, I took control of my own hands and didn't buck the trend by selling short. This is the capital market. Following the trend is king. With such a bullish bullish arrangement, it's still on an upward trend; there's really no need to buck the trend and sell short。
The 14-fold increase is a thing of the past; the key question is what will happen in the future? Education and training leaders transform into live e-commerce giants, valuation restructuring, where will future performance go?
The annual report shows that the New OrientalThe total revenue of live e-commerce was 24.6 million yuan, the gross profit of the live e-commerce business was 9.3 million yuan, and the gross margin was 37.8%. Next, New Oriental will continue to focus on online education+live e-commerce.
Let's focus on live e-commerce; in fact, you can focus mainly on two factors...