Group 1 - The core point of the article is that Xijiang International Holdings (01765) has seen a significant stock price increase of over 14%, reaching a new high of 0.26 HKD since May of the previous year [1] - As of the report, the stock is up 14.35%, trading at 0.255 HKD with a transaction volume of 13.8038 million HKD [1] - The company announced the completion of prerequisites for the restructuring of zero-coupon convertible bonds maturing in 2026, including the payment of consent fees, with the restructuring effective date being September 11 [1] Group 2 - The company anticipates redeeming the outstanding bonds around September 25 [1] - Zheshang Securities noted an improvement in market expectations regarding the profitability registration process, which may alleviate concerns about dividends and overseas debt repayment capabilities [1] - Cinda Securities highlighted that the private higher education sector, with a typical PE ratio of 3-6x, is expected to experience significant valuation recovery, referencing the market trends from October to November 2022 [1]

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Xijiao International Holdings (01765), which rose over 14% to reach a new high of 0.26 HKD since May of the previous year [1] - As of the report, the stock was trading at 0.255 HKD with a transaction volume of 13.8038 million HKD [1] - The company announced the completion of prerequisites for the restructuring of zero-coupon convertible bonds maturing in 2026, including the payment of consent fees, with the restructuring effective date set for September 11 [1] Group 2 - The company anticipates redeeming the outstanding bonds around September 25 [1] - Zheshang Securities noted an improvement in market expectations regarding the profitability registration process, which may alleviate concerns about dividends and overseas debt repayment capabilities [1] - Cinda Securities indicated that the private higher education sector, with a typical PE ratio of 3-6x, is likely to experience significant valuation recovery, similar to the market trend observed in late 2022 [1]

Core Viewpoint - The education sector stocks have collectively risen, driven by the approval of a new enrollment model for private higher education institutions, which may lead to a valuation recovery in the sector [1] Group 1: Stock Performance - Zhongjiao Holdings (00839) increased by 3.43%, trading at HKD 3.62 [1] - Jianqiao Education (01525) rose by 1.91%, trading at HKD 3.20 [1] - China Oriental Education (00667) saw a rise of 1.89%, trading at HKD 7.53 [1] - Xijiao International Holdings (01765) increased by 0.92%, trading at HKD 0.22 [1] Group 2: Enrollment Model Approval - Hunan University of Foreign Economic and Trade, under Yuhua Education, received approval for its enrollment model [1] - The previous peak for enrollment model progress was in October 2022, with successful transitions of private colleges in Heilongjiang [1] - The approval of Hunan's enrollment model may serve as a reference for other provinces, potentially accelerating the progress of private higher education enrollment models across the country [1] Group 3: Valuation Recovery - The higher education sector is expected to experience a valuation recovery, as the previous stagnation in enrollment model progress had suppressed valuations [1] - The approval of the enrollment model for Hunan University is seen as a significant development after three years of stagnation [1] - The private higher education sector, currently trading at a PE ratio of 3-6x, is anticipated to see substantial valuation recovery, presenting investment opportunities, particularly in companies like Zhongjiao Holdings [1]

Group 1 - Education stocks collectively rose, with notable increases in companies such as Zhongjiao Holdings (00839) up 3.43% to HKD 3.62, Jianqiao Education (01525) up 1.91% to HKD 3.2, and China Oriental Education (00667) up 1.89% to HKD 7.53 [1] - Yuhua Education's Hunan International Economics University has received approval for its selection process, which may serve as a reference for other provinces [1] - Cinda Securities indicated that the previous peak of the selection process occurred in October 2022, with successful transitions of private colleges to for-profit status, suggesting a potential revival in the private higher education sector [1] Group 2 - The approval of Hunan International Economics University's selection process is seen as a significant step after a three-year stagnation, potentially leading to a valuation recovery in the private higher education sector [1] - The private higher education sector, currently trading at a PE ratio of 3-6x, is expected to experience significant valuation recovery, presenting investment opportunities, particularly in companies like Zhongjiao Holdings [1]

Core Viewpoint - The recent opening of the Nanjing campus of Suzhou University of Science and Technology, operated by China Spring (1969.HK), significantly enhances the company's enrollment capacity and regional penetration, accommodating at least 16,000 students [1] Company Summary - The Nanjing campus officially commenced operations on September 13, with over 1,300 new students enrolled in the first batch [1] - The expansion aligns with favorable policies in the private higher education sector, leading to a surge in several education stocks [1] Industry Summary - Hunan International Economics University recently received approval from relevant government authorities to proceed with the classification registration of profit-oriented private schools [1] - This approval may serve as a reference model for other provinces, potentially accelerating the progress of profit-oriented private education initiatives across the country [1] - According to Cinda Securities, the higher education sector is poised for valuation recovery, as the previous stagnation in profit-oriented transitions had suppressed valuations [1] - The approval of Hunan International Economics University, although a step in the profit-oriented transition, represents a significant positive development after three years of stagnation [1] - The private higher education sector, currently trading at a PE ratio of approximately 3 to 6 times, is expected to experience substantial valuation recovery [1]