iHuman leaves investors unimpressed with flat margins, slow revenue growth
The provider of children’s ‘edutainment’ apps reported its revenue grew 9% in the first quarter, while its gross margin was unchanged year-on-year Key Takeaways: iHuman’s revenue grew 9% in the…
CHINA BULLETIN: It’s the Economy, Stupid, Part 2
In this week’s issue it’s all about the economy in 2023, and “Avatar” swims to the top of China’s box office. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.
17 Education Becomes Latest China Stock to Soar as Investors Sniff for Bargains
The education services provider’s shares have jumped 70% in the last five trading days on heavy volume as many issues that dogged the company appear to be settledKey Takeaways:17 Education…
FAST NEWS: 17 Education Reveals 94% of Its Revenue Affected by Government Clampdown
The latest: Online tutoring services provider 17 Education & Technology Group Inc. (YQ.US) disclosed that K-12 classes that are being discontinued following a government clampdown accounted for 94.1% of its…
New Oriental Tries Live Streaming E-commerce in Ongoing Transformation
Company’s revenue plummeted 80% last year and it laid off 60,000 employees after China’s crackdown on after-school tutoring Key takeaways: New Oriental has turned to live streaming e-commerce, with founder…
As After-School Tutoring Cleanup Wraps, 17 Education Looks Set to Stay the Course
Company announces a modest share buyback and reverse share split, signaling it intends to try to maintain its business and New York listing Key points: 17 Education has announced a…
Education Cleanup Claims First Victim as OneSmart Halts Most Operations
Board approves ‘the suspension of all of the company's education programs and learning centers in China,’ according to statement Key takeaways: OneSmart says its board has approved a halt in…
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