China Education Group (00839) fell more than 8% again, touching HK$1.92 to set a new record low since its listing. As of the time of writing, the stock was down 8.57% at HK$1.92, with a turnover of HK$109.771 million. On the news front, the company recently announced its interim results for the period ending in February. Revenue reached RMB 3.792 billion, a year-on-year increase of 3.24%. Profit attributable to owners of the company was RMB 757 million, a decrease of 21.72% compared to the same period last year. A HSBC Global Research report pointed out that China Education Group's interim performance fell short of expectations in both revenue and profit margin. Revenue grew by only 3% year-on-year, lower than the bank's forecast, primarily impacted by shifting preferences of students and parents, intensified competition from public institutions, and broader macroeconomic challenges. Profit attributable to shareholders during the period declined by 22% year-on-year, mainly due to increased administrative expenses and a higher effective tax rate.