China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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28 articles matching the search query.
New Oriental Education Sends Job Invitations to All Former Teachers - Pandaily
Recently, many netizens said on social platforms that Chinese private tutoring institution New Oriental Education had sent job invitations to all former teachers. On August 21, the firm responded that the news was true.
New Oriental Education Chairman Reveals Salary of Livestreaming Team - Pandaily
During a speech at the China Entrepreneurs Forum in Tianjin on August 3, Michael Yu, Chairman of New Oriental Education, expressed views on the firm's livestreaming e-commerce platform, Oriental Selection.
新东方：计划于2021年底前停止K-9学科辅导服务
New Oriental Education will discontinue K-9 tutoring by the end of 2021, it announced today. Those services once accounted for 50% to 60% of the company’s revenue.
Tal Education Is A Slightly Better Pick Than New Oriental (NYSE:EDU)
China’s after school tutoring market has lots of potential for growth. Tal Education and New Oriental are Tier 1 companies that should benefit the most from industry expansion.
Why New Oriental Education Shares Are Rising
New Oriental Education & Tech Grp (NYSE: EDU) shares are trading higher in sympathy with Gaotu Techedu after the company announced second-quarter earnings results....
The casualties of China’s education crackdown
Elliott Zaagman Contributor Share on Twitter Once the darlings of Wall Street and venture capital as recently as the beginning of this year, China’s edtech firms are now wondering if they will be able to remain solvent long enough to see the beginning of the next. In a series of sweeping regulations, the central government […]
China Freezes Tutoring Firms’ Fees, Enrollment Pending Approvals
China has banned firms that teach school subjects from enrolling new students or collecting fees until they’re officially registered as non-profits by the end of 2021.
China Says Government to Set Prices for After-School Classes
China said local governments should set the fees for after-school tutoring institutions that offer compulsory education subjects, another step in the country’s efforts to overhaul the private education sector.
Morgan Stanley thinks Chinese education companies have a way forward despite the crackdown
One beaten-down U.S.-listed Chinese education stock can recover by 55% as tutoring companies shake off the regulatory crackdown, Morgan Stanley analysts said.
China’s Education Crackdown Pushes Costly Tutors Underground
China’s latest campaign to rein in its $100 billion out-of-school education sector was meant to level the playing field for all. Instead, the crackdown is forcing tutors under the radar, making their services even more expensive -- and exclusive.
Chinese Bond Swings Threaten Global Debt Investors
Policy moves in Beijing are hitting Chinese corporate bonds and rippling across global markets through the U.S. and European money managers who loaded up on the securities in recent years.
China’s ‘Godfather of education’ faces existential test
Yu Minhong rose from poverty to lead one of the world’s biggest education groups
Investors Lost Hundreds of Billions on China in July
The widening regulatory crackdown by Beijing wiped some $400 billion off the value of U.S.-listed Chinese companies this month.
Beijing Gives Tech Investors a Brutal New Tutorial
Anyone who bought into Chinese internet stocks hoping for a bounce following the dramatic fall from grace of ride-hailing giant Didi has been taught another painful lesson this week.
China gives its largest edtech company an ultimatum: pivot or else
New Oriental Education, worth $11 billion last week, has already lost 70% of its market value.
Chinese Tech Stock Selloff Deepens
A selloff in Chinese technology stocks accelerated as investors unnerved by Beijing’s widening crackdown on internet companies and other industries sold down their holdings.
Xi's Four Pillars of Regulation Will Change the Way Big Tech Works in China
Beijing’s regulatory crackdown on fintech to education to ride-hailing will alter the corporate landscape and affect foreign investment.
China Education Tycoon Loses $15 Billion as Shares Tumble
Larry Chen, the former school teacher who became one of the world’s richest people, has lost his billionaire status as China cracks down on its private education sector.
