Core Viewpoint - Allegations against New Oriental Group CEO Zhou Chenggang regarding misappropriation of company interests through related-party transactions have led to regulatory investigation, which could impact the company's operations and stock performance [1] Company Summary - New Oriental Group has publicly denied rumors regarding CEO Zhou Chenggang and stated that claims about the company's commission rate exceeding 30% are significantly inaccurate, with the actual average commission rate being below 20% [2] - In response to the rumors, the company has initiated legal actions and reported a significant stock price fluctuation, with shares reaching a high of 53.70 HKD before closing at 34.32 HKD, reflecting a drop of 20.89% [3][4] - The market capitalization of New Oriental Group decreased by approximately 9.5 billion HKD in one day, despite a year-to-date stock price increase of 90.88% [5]
东方甄选股价大跳水振幅超40%，网传“新东方CEO周成刚侵占上市公司利益”，东方甄选：纯属谣言