Tencent, Kuaishou tech, BiliBili, Huya, Douyu, etc are facing the toughest challenge ever in the last 7 years. These companies not only face a shift in regulatory environment but their past successful business models are also facing significant pressure to evolve. Koolearn has sort of evolved from education platform to that of one relying on livestreaming to sell merchandise. Markets did like this concept but how many companies can really do it. In fact, the bigger th...
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But today they are rising collectively. I hope to continue this trend.
One year since Chinese authorities introduced the “Double Reduction” policy, which implemented tight restrictions on tutoring services, investment in the country’s private education industry has sharply declined. However, according to information released on September 15 by investment database ITjuzi, Tencent has continued to invest in education startups in Nigeria, Austria and other overseas markets this year. ...
$EAST BUY (01797.HK)$$New Oriental (EDU.US)$$NEW ORIENTAL-S (09901.HK)$$education (LIST1091.HK)$ In this quarter, New Oriental continued to abolish its campus, resulting in a decrease in revenue and an increase in losses month on month. However, as of the end of the quarter, the total number of schools and learning centers retained by New Oriental exceeded the estimated upper limit, indicating that New Oriental is optimis...
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I believe in EDU. It is one of the good Chinese stocks with unlimited potential.
$EAST BUY (01797.HK)$$New Oriental (EDU.US)$$NEW ORIENTAL-S (09901.HK)$$education (LIST1091.HK)$ After the closing on July 27, the market value of New Oriental was US $4.368 billion, while the cash and cash equivalents and short-term investments on New Oriental's books were about US $4.2 billion. Perhaps it is for this reason that New Oriental announced the launch of a share repurchase plan of up to US $400 million. Click here Oriental Selecti...
$New Oriental (EDU.US)$$NEW ORIENTAL-S (09901.HK)$$EAST BUY (01797.HK)$ The novel Living by Chinese writer Yu Hua has always been a best seller with a large stock. When it went to the live broadcast room of "Oriental Selection", Dong Yuhui analyzed the essence of the novel in combination with real-life examples. 60000 copies soon sold out and were out of stock. In the past month, the "Oriental Selection" has been popular, which has a very...
The bank pointed out that the current market value of New Oriental$New Oriental (EDU.US)$was lower than its cash on hand, which failed to reflect the value of its existing or new business. Therefore, it upgraded its rating to "outperform the industry", and suggested that it should pay attention to the recovery of the continuous profitability of its business and the development of new business. ...
whqqq : But today they are rising collectively. I hope to continue this trend.
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