Changes in Hong Kong stocks | China Education Holdings (00839) rose nearly 6% more, and the annual adjusted EBITDA exceeded expectations. Institutions say they are concerned about the progress of subsequent classification registration

The Zhitong Finance App learned that China Education Holdings (00839) increased by nearly 6%, and the cumulative increase after the results was close to 15%. As of press release, it rose 5.7% to HK$3.15, with a turnover of HK$29.152,600.

According to the news, China Education Holdings announced its annual results on November 26. According to a research report published by CICC, China Education Holdings' revenue for the 2025 fiscal year increased 11.9% year on year to 7.36 billion yuan, which is basically in line with the forecast; adjusted EBITDA increased 10.5% year on year to 4.17 billion yuan, exceeding the forecast, mainly due to better than expected cost control. The company did not announce a dividend for the current fiscal year.

Huatai Securities said that on November 5, the Guangdong Provincial Department of Education issued the “Supporting Documents for Classification Management Reform of Existing Private Colleges and Universities in Guangdong Province (Draft for Comments)”, which clarifies the main procedures for classification registration of existing private colleges and universities, which is expected to lay the foundation for the smooth and orderly promotion of the classification management reform of existing private colleges and universities in the province. If China Education Holdings successfully completes for-profit registration of colleges and universities in Guangdong Province, it is expected to support sector sentiment and valuation recovery.