NEW ORIENTAL-S (09901) rose more than 6% in late trading. As of the time of writing, the stock was up 6.44% to HK$44.98, with a turnover of HK$92.4643 million. On the news front, New Oriental is scheduled to announce its financial results for the second quarter of fiscal year 2026 on January 28. Shenwan Hongyuan Group released a research report forecasting that New Oriental's Q2 FY2026 revenue will reach $1.165 billion, a year-on-year increase of 12.2%. The report also estimates Non-GAAP net profit attributable to the parent company at $63 million, surging 77.8% year-on-year. The Non-GAAP net profit margin is projected to be 5.4%, expanding by 2 percentage points compared to the same period last year. The institution pointed out that as the contraction in the study abroad business has bottomed out, the drag on profit margins is expected to be largely eliminated. Concurrently, the company has moderated its full-year growth target for teaching centers to 10%, focusing instead on improving capacity utilization at existing locations, thereby gradually alleviating margin pressures.