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New Oriental is likely to face continued pressure from regulatory reform in the private education sector. The company, along with the private educational sector, is at the mercy of Chinese politicians who can initiate outright bans on the tutoring industry. The company’s sh...
Chinese regulators are increasing restrictions on private, for-profit tutoring companies such as New Oriental Education & Technology Group Inc. The country is increasingly tightening its grip on the tutoring sector. China has banned “foreign curricula” prior to g...
The first six months of 2021 could not have been more unkind to New Oriental Education & Technology Group (NYSE: EDU) as the Chinese online education stock plummeted 55.9% for the period, according to data provided by S&P Global Market Intelligence , after an earnings re...
In 2021, energy is where the money is going. Money is flowing out of Momentum stocks this year, and much of it is going into Value names. Commodities are having a strong showing compared to last year. For further details see: If You Want To Know Where The Market Action I...
The drop in Chinese private-education stocks continued this week, as shares of New Oriental Education & Technology (NYSE: EDU) , Gaotu Techedu (NYSE: GOTU) , and 17 Education & Technology fell 17.4%, 14%, and 10.5%, respectively, while TAL Education (NYSE: ...
Shares of New Oriental Education (NYSE: EDU) continued its ongoing slump Thursday, as the Chinese government's crackdown on the private tutoring industry continued. Certain local municipalities are reportedly implementing the recently issued government mandates, fueling the addi...
Ababsolutum/E+ via Getty Images Watch Chinese tutoring companies Tal Education (TAL) and New Oriental (EDU) as some Chinese areas are reportedly banning K-9 tutoring for summer vacation rather than K-12, according to Jefferies. Chaohu and Funing governments issued orders to ban after-sc...
China Online Education has reached profitability over the last four quarters when China started with the lockdown. Covid was a catalyst for higher revenues rather than a one-time occurrence, as revenue kept growing in Q1/2021. The operating business model was severely pressured, s...
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...
Many of China's top online education stocks soared last year as more students attended online classes during the pandemic. However, most of those stocks crashed this year due to three main challenges. These headwinds won't wane anytime soon, so investors should steer clear of three part...
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2024-07-11 02:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
New Oriental to Report Fourth Quarter 2024 Financial Results on July 31, 2024 PR Newswire BEIJING , July 2, 2024 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private ...
2024-06-21 04:20:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...