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US takes new step on delisting Chinese companies from stock exchanges for audit violations
New Securities and Exchange Commission rule threatens hundreds of Chinese businesses trading on US markets
Regulation is latest step in Washington’s broader pursuit of financial decoupling from Beijing
The US Securities and…
Gaotu Techedu, Inc. (GOTU) CEO Larry Chen on Q2 2021 Results – Earnings Call Transcript
Gaotu Techedu, Inc. Q2 2021 Earnings Conference Call September 22, 2021 8:00 AM ET
Company Participants
Sandy Qin - Senior Manager, IR
Larry Chen - Chairman & CEO
Shannon Shen - CFO
Conference Call Participants
Mark…
TAL Education Stock: Do Not Test The Depth Of The River
Summary
The Chinese education technology sector is under pressure, and in this article, we discuss everything you need to know about recent regulatory changes.
The EdTech sector is not dead yet, and we clearly see a future for TAL…
Ant Group microcredit service Huabei feeds vast consumer data to China’s central bank
Consumer credit data gathered by Huabei are now included in the financial credit information database run by the People’s Bank of China
Sharing Huabei’s data with China’s central bank forms part of Ant Group’s rectification measures,…
China’s cloud infrastructure service spending surges 54 pct in Q2 2021
China's expenditure on cloud infrastructure services surged 54 percent year on year in the second quarter of 2021, bolstered by high local demand as digital transformation, artificial intelligence and smart industries all remain on…
Alibaba Is Poised To Keep Falling Deeper Until Xi Jinping Is Gone
Summary
Alibaba's valuation is indeed cheap amid such strong financial results and an ever-expanding addressable market.
But financials and prospects proved to be useless in determining BABA's stock performance recently.
I see no…
