A comprehensive education and training institution
New Oriental, founded in November, 1993 and headquartered in Beijing, is a comprehensive education and training institution. The founder is Yu Minhong. Listed on the NYSE on September 7, 2006, the company's major shareholders are Beijing Shijiyouhao Education Investment Co., Ltd.. Rivals that have direct and indirect competition with New Oriental include TAL, GSX, LRN, Lynda, etc.
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Hong Kong shares of New Oriental online rose more than 45% and closed up nearly 40% last Friday; New Oriental rose more than 16%.
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Andaville: the two shareholders plan to reduce their shares by no more than 4.12% in total
Zhongshan, Guangdong: reduce the proportion of land bidding deposit to 20% and pay the land price in installments
New Oriental lost $0.72 per share in the first quarter, with an estimated loss of $1.10.
Chongqing Municipal Bureau of water resources: it is estimated that the rainstorm and flood in Chongqing in 2022 will be more serious than that all year round
New Oriental’s Stock Surges as Live-streaming Transformation Shows Signs of Success
Governmental policies remain a large external factor that affects educational firms like New Oriental. Nonetheless, those that can adapt quickly to changes and find new market opportunities are more likely to succeed.
Jun 14, 2022 06:40 PM
Shenzhen Airport: passenger throughput in February was 1.8795 million, down 1.84% month on month
The 10-year breakeven inflation rate in the United States rose above 3% for the first time.
BGI: the implementation of the actual controller's share increase plan has been completed
China’s Education Giant New Oriental Lost Around USD 900 Million After Crackdown
Since China banned the company from making a profit in the billion-dollar private education industry, on February 22, 2022, New Oriental reported a loss of USD 876 million for the six months to November 30, compared with a USD 229 million net profit over the same period of last year.
Feb 23, 2022 01:31 AM
Beijing Fourth paradigm Intelligent Technology Co., Ltd. submitted an application for listing on the Hong Kong stock exchange
Chenghe Technology: it plans to invest no more than 100 million yuan in Suzhou guyuding
Renaissance technology Q4 position: a large-scale increase in financial and epidemic recovery concepts, and an additional 14 million shares of New Oriental
The education sector of Hong Kong stocks continued to decline