GSX Techedu (跟谁学) IPO Review - Profitable Online Education Company
GSX Techedu (GSX US) looking to raise up to US$228m in its upcoming IPO. We have previously covered the IPO in: GSX Techedu (跟谁学) IPO Early...
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Babytree Group - Lock-Up Expiry Quick Take - A Motley Crew of Early Investors
Babytree Group (1761 HK) lock-up for major pre-IPO investors will expire on the 27th of May. The company has a few major shareholders that hold a...
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U.S. Equity Strategy: Upgrading Cap-Weighted Communications to Overweight
We continue to move increasingly toward the bullish camp and we believe equities are poised for higher prices moving forward. In today’s report we...
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TAL Education (TAL): Margin Reached 5-Year High, Too Late to Buy, Downgrade to Hold
The operating margin reached its 5-year record high and the revenue growth rate began to recover. We have reiterated many times that TAL can...
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K12 After-School Tutoring Services: China’s Best Consumption Story
In this note, we present our long investment thesis on the leading provider of China’s K12 tutoring service, Tal Education (TAL US) with a top-down...
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