KLTHF News and Press, Koolearn Technology Holding Limited

2023-12-01 07:20:00 ET Summary Chinese tutoring company East Buy is selling its residual tutoring operations to its parent company, New Oriental Education, to focus on e-commerce and livestreaming. East Buy will receive 1.5 billion yuan ($210 million) for its tutoring business and...

2023-09-01 18:26:47 ET Summary After executing a stellar turnaround, New Oriental Education's stock has risen over 90% over the past year. The company's prospects are cautiously optimistic with non-K-9 educational programs anticipated to support growth. Prospects appear baked ...

2023-08-10 23:50:00 ET Summary East Buy swiftly launched a 15% discount on its own app after the Douyin livestreaming account was blocked. More than 330,000 users downloaded its app in a single day, triggering a share price rally. The appeal of East Buy livestreaming has start...

Summary Koolearn’s revenue grew 263% in the first half of its latest fiscal year to 2.08 billion yuan, exceeding levels from before China’s crackdown on private educators. The company’s surging stock has given it a forward P/E ratio of 55 times, leading some to say ...

Hedgeye fired off a new pair trade idea with a recommendation to go long New Oriental Education & Technology Group Inc. ( NYSE: EDU ) and short Koolearn Technology Holding Limited ( OTCPK:KLTHF ). Analyst Felix Wang noted that Koolearn, which is the online stub of Ne...

Chinese tutoring stocks including New Oriental Education (NYSE:EDU) and TAL Education (NYSE:TAL) amid a report about about some insider buying at Koolearn (OTCPK:KLTHF), an online education company owned by New Oriental. New Oriental founder Yu Minhong purchased $3.2M shares of Koolearn share...

This week may look like any other for most people, but it has turned into a sudden life-or-death situation for many of China’s private education companies. Among the roughly dozen U.S.-listed Chinese education companies, three of the largest ones took the biggest hits, with TAL...

Embattled sector braces for reckoning day in September when all private educators will be required to have government licenses. China East Education’s rally owes to its newly announced share buyback, as well as growing confidence it will suffer less impact from an ongoing secto...

The recent regulatory scrutiny has sent online educational firm TAL Education Group (TAL), Hong Kong-listed Koolearn Technology Holding (KLTHF), Beijing-based Gaosi Education Group and GSX Techedu (GSX) stocks tumbling.These four firms, including one of the most dramatic casualties of&#x...

The recent regulatory scrutiny has sent online educational firm TAL Education Group (TAL), Hong Kong-listed Koolearn Technology Holding (KLTHF), Beijing-based Gaosi Education Group and GSX Techedu (GSX) stocks tumbling.These four firms, including one of the most dramatic casualties ...