Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
China Beststudy Education Group ( (HK:3978) ) has issued an announcement.
China Beststudy Education Group has announced that the trustee of its restricted share unit (RSU) scheme purchased 41,000 shares on the open market on 6 January 2026 at an average price of HK$4.00 per share, representing about 0.005% of its issued share capital and bringing the trustee’s total holdings to 106,757,909 shares. The board stated that the current share price undervalues the company’s performance and intrinsic value, and that using market purchases to fund the RSU scheme both signals confidence in its business outlook and supports its talent-attraction strategy, while the company’s financial position allows these purchases without compromising its long-term development.
The most recent analyst rating on (HK:3978) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China Beststudy Education Group stock, see the HK:3978 Stock Forecast page.
More about China Beststudy Education Group
China Beststudy Education Group is a Hong Kong-listed education services provider incorporated in the Cayman Islands, focusing on the Chinese education market. The company operates in the broader private education and tutoring industry, where it uses share-based incentive schemes to attract and retain key employees and align their interests with those of shareholders.
Average Trading Volume: 1,598,554
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.97B
Learn more about 3978 stock on TipRanks’ Stock Analysis page.