You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》瑞信下調新東方-S(09901.HK)美股目標價至14美元 評級「跑贏大市」
阿思達克 05-24 14:45
瑞信發表報告指,根據《人民日報》報道,國家主席習近平已批准K12補習行業的最終政策,但詳情仍未公布。在基礎情境下,該行估計新政策容許較慢的容量擴張,及溫和的費用增加以抵銷通脹。

該行下調新東方-S(09901.HK)(EDU.US)美股目標價,由18.7美元降至14美元,評級維持「跑贏大市」,並調低集團2022財年容量擴張預測,由原來的20%降至10%。至於2023財年收入預測亦下調7%,盈利預測則調低9%,以反映假設規管出台後集團的擴張會放慢。

瑞信預計,雖然增長減慢,但料新東方長遠可受惠於規管推出後行業整合。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account