One Smart (ONE): Only 1-On-1 Operators Will Not Be Impacted By “Burden Relief” Policy
Summary The education authorities’ “burden relief” policy negatively impacted tutoring programs for elementary schools pupils, but One Smart...
465 Views
TAL (TAL：US）—— While We Look into the Muddy Water
We think Muddy Water did not touch the main business part of TAL. Questioning these 2 deals shows MW does not understand the business logic behind...
153 Views
TAL Education (TAL) – Short Seller Muddy Waters, Not a Hero, But a Free Rider
We are not going to analyze Muddy Waters’ 70-page report item by item. But after we tell you the whole picture, we believe you will agree that it...
240 Views
Puxin Education IPO Review - Asking for 4.9x of Company's Total Acquisition Cost Since 2015
Puxin Ltd (NEW US) is looking to raise up to US$144m in its upcoming IPO. Proceeds will be mostly used for strategic acquisitions with any...
675 Views
China Education Sector Update
The key to understand education:(1) resource imbalance creates demand for after-school tutoring and in-school teaching. It will persist,(2) burden...
80 Views