Hong Kong Stock Hot Stock Analysis: Jiahong Education (01935.HK)

Jiahong Education is a regional leading enterprise in the Hong Kong stock education sector, mainly operating educational institutions such as Changzheng College, Jingyi Middle School, and Zhengzhou University of Economics and Business in Zhejiang and Henan provinces, providing higher and secondary education services [0]. According to market data on December 18, the stock entered the East Money App Hong Kong Stock Surge List due to its valuation significantly lower than the industry average: static P/E ratio was only 4.03-4.23 times, and P/B ratio was about 0.4 times [0][1].

In terms of price and trading volume, Jiahong Education’s stock price has fluctuated slightly recently, remaining in the range of HK$0.820-0.850 in mid-December. On December 18, the trading volume was about 4,000-12,000 shares, far lower than the average volume of 90,426 shares, indicating insufficient market liquidity [0]. While valuations are low, the company’s interim net profit in 2025 fell by about 10% year-on-year, facing performance pressure [0].

1. Low Valuation Drives Hot List Ranking
   : The core reason Jiahong Education entered the hot list is its extremely low valuation level, which has obvious price advantages compared to peer companies, but the low valuation is not accompanied by significant performance growth potential [0].
2. Prominent Liquidity Risk
   : Trading volume continues to be below the average level, indicating limited market trading interest in the stock, which may lead to increased stock price volatility [0].
3. Limitations of Regional Leading Position
   : The company’s business is concentrated in Zhejiang and Henan, with high geographical concentration, which may limit future growth space [0].

1. Performance Decline Pressure
   : The interim net profit in 2025 fell by about 10% year-on-year, and profitability is facing challenges [0].
2. Insufficient Liquidity
   : The average daily trading volume is far below the average level, and investors may find it difficult to enter or exit positions in a short time [0].
3. Policy Regulatory Risk
   : The education industry is greatly affected by policies, and changes in private education policies may have an adverse impact on the company’s business [0].

1. Value Investment Opportunity
   : Low valuation may attract the attention of long-term value investors. If the company’s performance improves, there is a large room for valuation repair [0][1].

As a leading private education company in Zhejiang and Henan regions, Jiahong Education (01935.HK) entered the Hong Kong stock hot list due to low valuation. Currently, its stock price remains in the range of HK$0.820-0.850, with a 52-week price range of HK$0.690-1.290. Investors need to pay attention to risks such as performance decline, insufficient liquidity, and policy regulation, while also focusing on the potential value investment opportunities brought by its low valuation. The key support level is HK$0.690, the short-term resistance level is HK$1.000, and the long-term resistance level is HK$1.290 [0][1].