TALEducation

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Reuters - 4 weeks ago

China's private tutoring firms emerge from the shadows after crackdown

INSIGHT-China's private tutoring firms emerge from the shadows after crackdown China eases pressure on private tutoring following 2021 crackdown, industry sources say China has not formally acknowledged any change in policy Tutoring companies expanding, hiring thousands of positions Shift comes as China looks to shore up struggling economy By Casey Hall, Laurie Chen SHANGHAI/BEIJING, Oct 28 (Reuters) - China is quietly easing regulatory pressure on private tutoring operators as it looks to reviv

Reuters - 4 weeks ago

TAL Education Group reports results for the quarter ended in August 31 - Earnings Summary

TAL Education Group reports results for the quarter ended in August 31 - Earnings Summary TAL Education Group TAL.N reported quarterly adjusted earnings of 12 cents per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of six analysts for the quarter was for earnings of 9 cents per share.

Reuters - 1 month ago

TAL Education Group <TAL.N> expected to post earnings of 9 cents a share - Earnings Preview

TAL Education Group expected to post earnings of 9 cents a share - Earnings Preview TAL Education Group TAL.N , TAL is expected to show a rise in quarterly revenue when it reports results on October 24 for the period ending August 31 2024 The Beijing-based company is expected to report a 46.7% increase in revenue to $604.401 million from $411.93 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

Reuters - 1 month ago

China ADRs fall as latest domestic stimulus update fails to impress

BUZZ-China ADRs fall as latest domestic stimulus update fails to impress ** U.S.-listed shares of Chinese firms fall premarket as the Saturday news conference in Beijing left investors guessing the overall size of the stimulus package ** Finance Minister Lan Foan reiterated Beijing's broad plans to revive the ailing economy, promising significant i

Reuters - 2 months ago

China ADRs fall ahead of stimulus announcement

BUZZ-China ADRs fall ahead of stimulus announcement ** U.S.-listed shares of Chinese firms down premarket, tracking domestic stocks, which fell on concerns about whether the policy support would be big enough to revive growth ** China's finance ministry to detail plans on fiscal stimulus to boost the economy at a highly expected news conference on

Reuters - 2 months ago

Baidu CFO Rong Luo steps down from role, to head mobile ecosystem unit

Baidu CFO Rong Luo steps down from role, to head mobile ecosystem unit Oct 8 (Reuters) - Baidu 9888.HK , BIDU.O finance chief Rong Luo will step down from the role to lead its mobile ecosystem unit, the Chinese search engine giant said on Tuesday. The unit's current head, Junjie He, will take over as interim CFO, the company said, adding that the appointments are effective immediately.

Reuters - 2 months ago

China ADRs slide as optimism over China stimulus wanes

BUZZ-China ADRs slide as optimism over China stimulus wanes ** U.S.-listed shares of Chinese firms fall premarket as optimism over China stimulus measures fades ** Domestic stocks opened higher after a week-long break, but quickly lost steam after Zheng Shanjie , chairman of the National Development and Reform Commission, did not provide details to

Reuters - 2 months ago

China ADRs surge after Hong Kong shares jump to 31-month peak

BUZZ-China ADRs surge after Hong Kong shares jump to 31-month peak ** U.S.-listed shares of Chinese companies surge in premarket trading, after Hong Kong stocks rose nearly 3% on Friday to close at their highest level since March 2022 ** The afterglow of China's massive economic stimulus proposals still has not faded, causing this rally .SS ** E-co

Reuters - 2 months ago

China ADRs continue their rally on stimulus measures

BUZZ-China ADRs continue their rally on stimulus measures ** U.S.-listed shares of Chinese companies jump premarket as investors cheer Beijing's recent stimulus measures ** E-commerce firms gain: Alibaba Group Holding BABA.N up 3.7%, JD.com JD.O rises 9%, PDD Holdings PDD.O advances 4.8% ** EV firms Li Auto LI.O up 7.5%, Nio NIO.N jumps 6.7% and Xp

Reuters - 2 months ago

China ADRs jump as domestic stocks extend their rally

BUZZ-China ADRs jump as domestic stocks extend their rally ** U.S.-listed shares of Chinese companies jump premarket following a climb in domestic stocks ** Equity rally stems from recent stimulus measures from Beijing to revive domestic economy ** E-commerce firms gain: Alibaba Group Holding BABA.N up 4.5%, JD.com JD.O rises 7.5%, PDD Holdings PDD

Reuters - 2 months ago

China ADRs extend their rally on latest stimulus push

BUZZ-China ADRs extend their rally on latest stimulus push ** U.S.-listed shares of Chinese companies jump premarket on latest series of stimulus measures from Beijing to boost domestic economy ** This comes a day after Chinese leaders vowed to deploy "necessary fiscal spending" to meet growth target ** E-commerce firms gain: Alibaba Group Holding

Reuters - 3 months ago

China ADRs rise on state fund buying

BUZZ-China ADRs rise on state fund buying ** U.S.-listed shares of Chinese companies rise premarket trade on heavy buying from sovereign fund Huijin, and expectations of fresh stimulus for the property sector ** State-backed Central Huijin Investment boosted ownership in a handful of blue-chip ETFs, according to the fund manager's mid-year reports

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