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HK stocks are on the move | Education stocks are all rising, as the policy proposes expanding the supply of high-quality education resources. Private high schools are the first to benefit from the warming of HK stocks.
Education stocks are on the rise. As of the time of publication, China Edu Group (00839) rose by 5.65% to HK$5.05; Beststudy Edu (03978) rose by 5.12% to HK$3.08; New Oriental-S (09901) rose by 3.85% to HK$47.15; China East Edu (00667) rose by 3.33% to HK$3.1.
Scve Group (06913.HK) subsidiary college signed a renovation agreement with an engineering contractor, involving more than 72.05 million RMB in capital.
SCVE Group (06913.HK) announced that Lingnan Vocational and Technical College, a wholly-owned subsidiary, signed an overall renovation and installation agreement with the contractor Guangdong Jiexi Construction yesterday (October 31st). Guangdong Jiexi Construction is required to provide renovation and installation services for the new dormitory and basement in Qingyuan to Lingnan Vocational and Technical College at a contract price of 63.5336 million yuan. In addition, on the same day, Lingnan Vocational and Technical College also signed a foundation construction agreement with Guangdong Jiexi Construction. Guangdong Jiexi Construction is required to provide foundation support construction for the new dormitory and basement in Qingyuan to Lingnan Vocational and Technical College.
HK stocks surge | scve group (06913) rises more than 40% in early trading. The prospects for professional education development are bright. The company is expanding its campus to support business growth.
As of the morning trading session, SCVE Group (06913) surged over 40%, with an increase of 16.42% to HKD 0.39 by the time of publication, with a turnover of HKD 22.3601 million.
SCVE GROUP: 2024 INTERIM REPORT
HK stocks anomaly | scve group(06913) surged over 6% again, high-quality full employment policy released, bright prospects for industry development.
Scve Group (06913) rose over 6% again, as of the time of publication, increased by 6.35%, at 0.335 Hong Kong dollars.
The central bank has launched two measures at the same time! The reserve requirement ratio is reduced by 0.5 percentage points, and the 7-day reverse repurchase operation interest rate is lowered by 20 basis points.
Starting from September 27, 2024, the reserve requirement ratio for financial institutions is reduced by 0.5 percentage points. After this reduction, the weighted average reserve requirement ratio for financial institutions is approximately 6.6%.
