Rumor: Sun Jin, VP of New Oriental, Set to Become CEO of East Buy
Appointment Announcement: Sun Jin, Vice President of NEW ORIENTAL-S and Principal of a Guangzhou school, is set to be appointed as CEO of EAST BUY, with an announcement expected soon.
Market Response: EAST BUY has not yet responded to the news regarding Sun Jin's appointment.
Short Selling Data: NEW ORIENTAL-S has reported short selling of $5.26 million with a ratio of 28.284%, while EAST BUY has short selling of $7.88 million and a ratio of 16.383%.
Stock Quote Delay: The stock quotes for HK stocks are delayed by at least 15 minutes, with short selling data as of December 24, 2025.
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EAST BUY Reports Interim Results with a Profit of $239M
Company Performance: EAST BUY (01797.HK) reported a turnover increase of 5.7% year-on-year, reaching HK$2.312 billion for the interim results ending November 2025.
Profitability: The company returned to profitability with a net profit of HK$239 million, compared to a loss of HK$96.799 million in the same period last year.
Earnings Per Share: The earnings per share (EPS) for the period was HK$0.23.
Dividends: No dividend was declared for this interim period.
HSI Rises 0.5% at Midday, Reaching Over 4.5-Year High; Chinese Developers Active; SANDS CHINA LTD Under Pressure
Market Performance: The HSI experienced a strong start, reaching a 4.5-year high of 27,981 before settling at 27,975, with a midday increase of 148 points or 0.5%. The HSCEI also rose by 43 points, while the HSTECH saw a slight decline.
Chinese Property Developers Rally: Several Chinese property developers surged in stock prices after being exempted from submitting monthly "Three Red Lines" reports, with notable increases of 26-34% for companies like CHINA AOYUAN and LOGAN GROUP.
Mixed Results in Other Sectors: While property managers and some tech stocks saw gains, companies like SANDS CHINA and GALAXY ENT experienced declines, with SANDS CHINA dropping 7.3% despite a rise in its adjusted property EBITDA.
Commodity and Tech Stock Movements: Gold and silver prices reached new highs, positively impacting ZIJIN MINING, while tech giants like TENCENT and BIDU-SW saw minor increases, contrasting with losses from BABA-W and BILIBILI-W.
