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...
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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...
674 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...
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TAL Education (TAL) – Mgt. Expects QOQ Decline for Q1, First Time in 5 Years
Summary Management’s revenue expectation for 1Q19 (as of May 2018) suggests a QOQ decline over weak season. TAL hired CEO of Coursera, a large...
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Pilot Program on China Depositary Receipts Launched - Expect the Big 5 to Prep Quickly
A month or so ago it was officially revealed that a China Depositary Receipt program was on its way (it had been mooted unofficially for many...
348 Views