AI is positive to promote the rebound of education stocks. New Oriental rose nearly 6%.

Xinhua News Agency, May 30, New Oriental-S (09901.HK) rose 5.86%, people's livelihood Education (01569.HK) rose 1.49%, and China Science Education (01890.HK) rose 1.21%. Recently, the Ministry of Education and other 18 departments jointly issued the opinions on strengthening Science Education in Primary and Middle Schools in the New era (hereinafter referred to as "opinions"). The "opinion" requires that school teaching and services should be improved. To explore the use of artificial intelligence, virtual reality and other technical means to improve and strengthen experimental teaching to make up for the lack of high-quality education and teaching resources. In addition, in August 2022, the Ministry of Science and Technology issued a notice on supporting the construction of a new generation of artificial intelligence demonstration application scenarios, and intelligent education was included in the first batch of demonstration application scenarios.