Will companies like $51Talk (COE.US)$ or $Zhangmen Education...

Will companies like $51Talk (COE.US)$ or $Zhangmen Education (ZME.US)$ escape from China regulation because they are just teaching English language?

This can be a potential multi bagger at current price if they manage to escape from regulation.

Companies said that there will be a huge impact on their businesses, although some of them still expect they will not be recognized as curriculum-based institutions.

"The majority of our products target oral English and English reading skills training. These products cannot be directly defined as 'curriculum-based tutoring courses', so this might sustain our company's operation temporarily," a staff member from VIPKID, a Chinese one-on-one English tutoring agency, told the Global Times on Tuesday on condition of anonymity.