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TAL Education: The Worst Is Here, But Chinese Kids Still Need Places To Learn
Summary
The new regulatory restrictions will ban most of K12 after-school tutoring activities or turn TAL K12 services into non-profit businesses.
Not all Chinese government policies were fully delivered.
TAL businesses are…
China Spells Out Subjects for Tough Oversight as Education Crackdown Rolls On
China’s Ministry of Education has spelled out which subjects taught by private tutoring agencies will earn stricter oversight as part of its crackdown on those that teach the core curricula of the nation’s high school entrance exam.
Nine…
TAL Education Group Cancels Scheduled Earnings Release and Earnings Call
TAL Education Group, a leading K-12 after-school tutoring services provider in China, today announced that in light of the recent regulatory developments, it will cancel the earning release for the first quarter of fiscal year 2022, as well…
Opinion: The Who, What and Why of China’s Regulatory Campaign
Stocks of offshore-listed Chinese companies have slumped recently amid Beijing’s sweeping regulatory actions targeting a range of industries from fintech and ride-hailing to after-school education.
Overseas investors are withdrawing…
Beijing summons Alibaba, Tencent, ByteDance, 9 other tech firms over data security concerns
The Cybersecurity Bureau under China’s MIIT lectured the firms about improvements in their operations to comply with the country’s Data Security Law
The new Data Security Law was passed in June and will take effect on September 1…
Xiaomi Hires More Self-Driving Experts to Boost Its Smart-Car Ambitions
Chinese electronics giant Xiaomi is stepping up its self-driving ambitions with a new round of recruiting.
On Wednesday, Xiaomi CEO Lei Jun said on social media that the company is recruiting 500 professionals to help it develop Level 4…
