China East Education Shares Surge Over 10% in Afternoon Trading as World Vocational and Technical Education Development Conference Approaches, First International Vocational Education Standard Set to Be Released

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6 hours ago

According to reports, CHINA EAST EDU (00667) surged more than 10% in afternoon trading. As of press time, the stock was up 8.36% at HK$4.02, with a turnover of HK$41.4418 million.

On the news front, on the afternoon of October 12, the Ministry of Education held a press conference to brief on the 2026 World Vocational and Technical Education Development Conference and related matters concerning international cooperation in vocational education. Peng Binbai, Director of the Department of Vocational and Adult Education of the Ministry of Education, introduced that the 2026 World Vocational and Technical Education Development Conference will be held in Tianjin from October 15 to 17. The conference will release the "World Vocational and Technical Education Standards Framework." This is the first international vocational education standard, led and promoted by China.

Public information shows that CHINA EAST EDU was founded in 1988 in Hefei, Anhui Province, and owns seven major brands including New Oriental Culinary, Xinhua Computer, and Wantong Automobile. Guosheng Securities issued a research report stating that as a leading player in vocational skills training, CHINA EAST EDU is seeing its fundamentals stabilize and rebound driven by an optimized enrollment structure, with profitability continuously recovering. The report initiated coverage with a "Buy" rating.

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