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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...
Despite excellent performance by its US holdings, the OGIG ETF is up less than 5% this year. OGIG's returns have been blunted by a crackdown on Tech stocks by the Chinese government, which have hit several of its top-10 holdings. Yet the ETF's management team has not responded agg...
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...
Ababsolutum/E+ via Getty Images China school tutoring stocks plunged in premarket trading for a second day in a row after the country and companies confirmed that the for-profit tutoring would be banned. Tal Education (TAL) dropped 26%, New Oriental (EDU) plummeted 25% and Gaot...
Iterum Therapeutics plc (ITRM) -43% after announcing FDA’s Complete Response Letter for sulopenem.ATI Physical Therapy, Inc. (ATIP) -25% on Q2 earnings releaseNew Oriental Education & Technology Group Inc. (EDU) -24% provides update on new regulations.China...
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Q2 production average of 18,290 bopd Exit June 2024 with total cash of $96 million Well 19H achieves initial production rates over 8,500 bopd PetroTal has now produced over 20 million barrels of oil since inception Calgary, Alberta and Houston, Texas--(Newsfile Corp. - July 11, 2024) - Pe...
TAL Education Group to Announce First Quarter of Fiscal Year 2025 Financial Results on August 1, 2024 PR Newswire BEIJING , July 3, 2024 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China , t...