On September 24, NEW ORIENTAL-S rose 3.18% in regular trading, trading at 44.82 HKD/share with turnover of 13.19 million HKD, rebounding sharply from the prior session's 6.67% decline.

The rebound was primarily driven by the disclosure that Norges Bank, Norway's sovereign wealth fund, purchased approximately 2.0082 million shares of NEW ORIENTAL-S on September 18 at an average price of 43.29 HKD per share, involving approximately 86.94 million HKD. Following the transaction, Norges Bank's holdings increased from 84.743 million shares (4.94%) to 86.7512 million shares (5.06%), crossing the 5% major shareholder disclosure threshold — a move widely interpreted as a vote of institutional confidence.

On the fundamental side, the company's latest full-year results showed revenue of USD 5.661 billion, up 15.5% year-over-year, with net profit attributable to shareholders of USD 475 million, up 27.8%. Multiple brokerages have maintained buy ratings, with management guiding fiscal year revenue of USD 6.454–6.680 billion, representing 14%–18% growth. The company also announced plans to distribute approximately USD 300 million in cash dividends and authorized up to USD 200 million in share repurchases.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)