Social service education Weekly – point of view
Education industry
China’s education index rose or fell – 7.12% this week. The shares of Haoguang Education Group (- 19.79%), Haoguang Education Group (- 19.79%), and Haoli Education Group (- 19.79%), respectively (- 19.79%), rose by 10.79%, and Haoli Education (- 19.79%), respectively.
Viewpoint: 1) on the whole, the education industry still maintains a cautious attitude. The opportunities mainly come from the individual stock level, mainly due to the dilemma reversal brought by the transformation. 2) It is recommended to pay attention to New Oriental online. K9 discipline business was stripped off on December 31, and the negative factors were cleared. We believe that the company’s resources are expected to tilt towards university adult business and achieve strong growth. In addition, the company is actively transforming to institutions and live broadcasting. The process of new business from 0 to 1 is worthy of attention. The bottom logic lies in the brand, human resources Material resources and other factors remain strong. 3) In view of the recent multi-point outbreak of the epidemic and the restart of online teaching methods in Shanghai and other places, online education related stocks are expected to usher in thematic opportunities.
Wine travel catering
This week, the hotel catering and leisure (Changjiang) / Consumer Service HK (CITIC) index rose or fell by – 7.79% / – 14.09%. Stocks with large gains and losses were: China United Travel Co.Ltd(600358) (+ 16.67%), hellens (- 29.10%), Huazhu group-s (- 26.61%), Tongcheng travel (- 26.48%), Haidilao (- 20.74%), Yihai International (- 19.73%).
Viewpoint: 1) in the short term, with the outbreak of the epidemic in many local places, the epidemic prevention policy is increased again, and the travel is limited, which has a great impact on the catering and drinking travel industry. 2) In addition, some Chinese enterprises listed in the United States and Hong Kong at the same time were significantly affected by the “delisting of China concept shares”. 3) In the medium and long term, with the increase of vaccination rate and the listing of covid-19 specific drugs, and the gradual relaxation of entry-exit restrictions in some overseas countries and regions, the industry is expected to recover.
Beauty care
This week, the beauty care (Shenwan) index rose or fell by – 4.02% in total, and the stocks with large gains and losses were: Liuzhou Liangmianzhen Co.Ltd(600249) (+ 10.95%), Proya Cosmetics Co.Ltd(603605) (+ 2.11%), Syoung Group Co.Ltd(300740) (- 7.85%), Hangzhou Coco Healthcare Products Co.Ltd(301009) (- 7.49%), Aoyuan Beauty Valley Technology Co.Ltd(000615) (- 7.29%), Hangzhou Nbond Nowovens Co.Ltd(603238) (- 7.19%).
Viewpoint: 1) from the perspective of the industry as a whole, with the improvement of consumers’ recognition of domestic products and the strength of domestic cosmetics products, the domestic cosmetics industry still has high growth. 2) At present, the cosmetics and medical beauty industry has entered the era of strict supervision, the industry differentiation will be further intensified, and the leading brands are expected to further consolidate their head advantages.
