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InvestorPlace - Stock Market News, Stock Advice & Trading Tips When for-profit Chinese education firms Gaotu (NYSE: GOTU ), New Oriental (NYSE: EDU ) and TAL (NYSE: TAL ) dropped 60% last Friday on regulatory fears, “buy-the-dip” investors might have con...
nantonov/iStock Editorial via Getty Images Deal stocks Maxim Integrated (MXIM) and Xilinx (XLNX), both in transactions that require Chinese regulatory approval, are falling for a second day on concerns about China's recent regulatory crackdown and growing tensions with the U.S. Maxim, which i...
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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. China wipeoutSweeping crackdowns across China are continuing to send shockwaves across financial markets, with investors finding themselves in the firing l...
Billy H.C. Kwok/Getty Images News Sweeping crackdowns across China are continuing to send shockwaves across financial markets, with investors finding themselves in the firing line of some of the nation's hottest sectors. Shares of Tencent (TCEHY) fell 10% on Monday after Beijing ord...
Gainers: Studio City International Holdings (MSC) +25%. The9 (NCTY) +24%. RCI Hospitality Holdings (RICK) +15%. AirNet Technology (ANTE) +13%. Hasbro (HAS) +12%.Losers: Youdao (DAO) -34%. First High-School Education Group (FHS) -32%. New Oriental Education & Technology Group (EDU) -30%. G...
Gainers: Tyme Technologies (TYME) +64%.Bit Digital (BTBT) +49%.SPAR Group (SGRP) +41%.Xenetic Biosciences (XBIO) +26%.IMV (IMV) +25%.Studio City International Holdings (MSC) +25%.Bitfarms (BITF) +24%.MicroStrategy (MSTR) +22%.Riot Blockchain (RIOT) +21%.RBC Bearings (ROLL) +19%.Losers: Iterum...
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...
Stephanie Keith/Getty Images News Former Cisco (CSCO) CEO John Chambers said Monday that he does not currently invest in Chinese companies and encourages startups to avoid doing business in the country because of the mounting regulatory risk there. Chambers' comments came amid a further sell ...
Media outlets are highlighting that the entire tutoring industry could be converted into non-profit entities. For-profit tutoring in the K-9 sector is now banned according to China state media reports. Despite this ongoing chaos, I believe it is unlikely that EDU and TAL will be d...
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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...