Monthly Wrap Up: Six New Alpha Ideas Introduced
In this monthly wrap up, we highlight on the research published during the month, which include six new alpha ideas. We also discuss notes...
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GSX Techedu (跟谁学) Follow-On Offering - Strong Performance Since IPO
Shareholders of GSX Techedu (GSX US) are looking to sell about 15m ADS, representing 10m ordinary A shares. We have covered the company in its IPO...
454 Views
New Oriental Education (EDU US): A Long Term Compounder
New Oriental Education (EDU US) is the largest provider of private educational services in China based on the number of program offerings, total...
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New Oriental (EDU): Operating Profits Up 54%, as a Main Competitor Goes Bankrupt
EDU’s operating profits grew by 54% YoY (Exhibit 1) and net profits grew by 70% YoY in the August quarter. WEBi English, an important competitor...
418 Views
Youdao IPO: Valuation Calls for a Compulsory Re-Education
Youdao (DAO US) is the online learning unit of Netease Inc (Adr) (NTES US), a 66% shareholder. Youdao has launched its IPO at an indicative price...
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