On September 9, NEW ORIENTAL-S fell 3.05% in regular trading, trading at HKD 43.94, with turnover of approximately HKD 95.85 million. Subsidiary Oriental Selection also slumped over 5% on the same day.

On the news front, People's Daily recently published a commentary article publicly questioning Oriental Selection over suspected counterfeit product sales, directly challenging the brand trust the company had built around food safety. Oriental Selection had just reported strong annual results, with total revenue of RMB 5.701 billion, up 29.8% year-over-year, and operating profit of RMB 663 million marking a turnaround to profitability. Post-earnings, the stock had rallied over 28%. However, scrutiny from a national-level media outlet, combined with significant accumulated gains, triggered profit-taking pressure that spilled over to parent company NEW ORIENTAL-S.

The broader Education Services sector was also under pressure. Among sector peers, ABLE DIGITAL edged up 0.12%, while CHINA EAST EDU fell 3.26%, TIANLI INT HLDG dropped 5.95%, GINGKO EDU declined 2.63%, and CHINA EDU GROUP slipped 1.6%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)