China News Agency, Beijing, November 16th (Reporter Chen Kangliang) China's A-shares suffered adjustments on the 16th, and all major stock indexes fell, but the education sector bucked the trend and rose, leading the rise in A-shares.
The education sector rose 2.81% that day.
In terms of individual stocks, the stock prices of Only Education, Dou Shen Education, Kede Education, Quantong Education and other stocks all rose by more than 4%.
In the past three trading weeks, the education sector has continued to rise, with a cumulative increase of more than 10%.
Huatai Securities analyst Duan Lian said that the education sector has recently ushered in many favorable policies, especially in the field of vocational education.
The Chinese Ministry of Education and other departments recently issued a notice, deciding to jointly implement a special training program for field engineers in vocational education.
Notify the plan that by 2025, no less than 500 vocational colleges and 1,000 enterprises will participate in the project implementation, and no less than 200,000 on-site engineers will be trained.
Ensuring a continuous and sufficient supply of high-quality professionals is crucial to the transformation and upgrading of China's industries, and relevant educational institutions are expected to continue to benefit.
Rong Zeyu, an analyst at Guolian Securities, said that considering the fact that China's labor productivity needs to be further improved and there is a large gap in high-end talents in the manufacturing and service industries, it is necessary to vigorously develop vocational education in the long term.
In the context of international changes and economic structural transformation and upgrading, it is urgent to improve the quality of vocational education as soon as possible.
On the whole, the vigorous development of vocational education is an inevitable trend in the future.
In recent years, Chinese officials have continued to introduce relevant support policies, and vocational education is expected to usher in a golden age.
Rong Zeyu said that the market's concerns about the vocational education sector began with the "double reduction" policy, coupled with the impact of uncertainty in the long-term business model, investor confidence is low, and the valuation of the sector is at a historical bottom.
In the future, as vocational education policies are further improved and implemented, and the business models of relevant enterprises are gradually clarified and verified, the market's confidence in the vocational education sector is expected to recover and rebuild.
As of the close of the day, the Shanghai Composite Index was at 3119 points, a decrease of 0.45%, with a turnover of 387 billion yuan (RMB, the same below); the Shenzhen Component Index was at 11235 points, a decrease of 1.02%, with a turnover of 555.7 billion yuan; the ChiNext Index was at 2402 points , down 1.19%.
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