China’s education index rose or fell – 3.87% this week. Stocks with large gains and losses: Newcapec Electronics Co.Ltd(300248) (+ 13.43%), gaotu group (- 14.95%), New Oriental online (- 14.93%), Yuhua Education (- 13.62%), tal (- 12.98%) and New Oriental (- 11.43%).
Viewpoint: 1) Newcapec Electronics Co.Ltd(300248) the large increase is related to the concept of digital currency. 2) On the whole, the education industry still maintains a cautious rating, and the opportunities mainly come from the individual stock level. 3) 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.
Education industry
This week, the hotel catering and leisure (Changjiang) / Consumer Service HK (CITIC) index increased or decreased by – 2.87% / – 7.23%. Stocks with large gains and losses: Zhejiang Ssaw Boutique Hotels Co.Ltd(301073) (+ 14.86%), Tongqinglou Catering Co.Ltd(605108) (+ 11.31%), sipping (- 19.54%), Naixue’s tea (- 19.16%). Viewpoint: 1) the epidemic broke out in many local places, the travel and tourism are limited as a whole, and the wine, tourism and catering sector is under pressure as a whole. 2) Optimistic in the medium and long term, pay attention to the performance and valuation repair market after the epidemic situation improves. 3) It is suggested to pay attention to the fast-growing Helen company, whose “light product” model is rapidly penetrating into second and third tier cities and below.
Wine travel catering
The beauty care (Shenwan) index rose or fell – 5.41% this week. Stocks with large gains and losses: Shenzhen Leaguer Co.Ltd(002243) (+ 9.03%), Jahen Household Products Co.Ltd(300955) (+ 6.85%), Imeik Technology Development Co.Ltd(300896) (- 13.21%), Yunnan Botanee Bio-Technology Group Co.Ltd(300957) (- 10.14%).
Viewpoint: 1) various policies of cosmetics and medical beauty sector are gradually tightened, and the market is facing an emotional digestion period. 2) In the long run, with the improvement of consumers’ recognition of domestic cosmetics and the strength of domestic cosmetics products, high-quality domestic brands will continue to increase their market penetration.
