Understand the business and buy again.... not all tuition centers is for kids, some are for adults wic the business mode is not affected.... think guys think ? ?
Chinese education stocks slump again
(Sept 8) Chinese education stocks slump again.
Gaotu Techedu, Youdao, TAL Education slump over 8%. N
Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic-driven online shopping surge.Total revenue was 23.05 billion yuan in the second quarter ended June 30. Analysts on average expected revenue of 26.44 billion yuan, according to IBES data from Refinitiv.Total revenues in the quarter were RMB23,046.2 million, an increase of 89% from RMB12,193.3 millio
One could say tat it's scary whn Chinese stocks crash, I've could have said US stocks are overpriced... so buy whn it's on great Chinese sale... don't regret it whn the sales is over...
Some China concepts stocks tumbled in morning trading
(Aug 19) Some China concepts stocks tumbled in morning trading.
Chinese technology stocks sold off,