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新加坡大人物

2025-05-06

$Uni-Fuels Holdings Ltd(UFG)$ why drop?

新加坡大人物

2021-07-23

CNMB

[Movement] China Concept Education Stocks Plunged Premarket, New Oriental Dropped Over 48%

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16:00","market":"us","language":"zh","title":"[Movement] China Concept Education Stocks Plunged Premarket, New Oriental Dropped Over 48%","url":"https://stock-news.laohu8.com/highlight/detail?id=1153079548","media":"老虎资讯综合","summary":"7月23日，中概教育股美股盘前重挫，新东方跌超48%，好未来跌超44%，高途跌超20%。\n据财新网报道，针对教培行业监管的“双减”文件（中办发{2021}40号文件）已正式落地。包括北京在内的多地市级","content":"<p>On July 23rd, the U.S. stock of China Education plummeted before the market.<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>fell by more than 48%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>fell by more than 44%,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It fell by more than 20%.</p><p>According to Caixin.com, the \"double reduction\" document (Zhongbanfa {2021} No.40 document) for the supervision of the education and training industry has officially landed. The staff of local education departments at the municipal level in many places, including Beijing, have confirmed that they have received relevant documents and are carrying out supervision work accordingly.</p><p>At the same time, CICC today released a research report stating that on May 21, 2021, it reviewed and approved the Opinions on Further Reducing the Burden of Homework and Off-Campus Training for Students in Compulsory Education. We expect that the \"double reduction\" policy will be published in writing in the future. The strictness of standardized management in this education and training industry is unprecedented.</p><p>The Ministry of Education established the Off-campus Education and Training Supervision Department in June, whose duties include formulating standardized management policies for off-campus education and training, organizing and implementing comprehensive management of off-campus education and training, etc. We believe that the standardized management of education and training will continue. We believe that in the future, the \"double reduction\" policy will be implemented in parallel on and off campus, that is, schools will play the main function of education, and off-campus training institutions will be regulated.</p><p>According to CICC, due to the uncertainty of the specific implementation of this policy, we make valuation calculations according to five scenario assumptions of different regulatory strengths. At the same time, we choose the more pessimistic regulatory scenario Hypothesis 4 (one day on weekends and winter and summer vacations are prohibited) as the benchmark hypothesis, and calculate the impact of income and profit and adjust the target price of listed companies in education and training. We cut our target price for New Oriental by 53% to $9.2,; The target price of TAL was lowered by 67% to $29, and the target price of New Oriental Online was lowered by 70% to HK$12.2.</p><p>In addition, in the ADR, the target price of New Oriental was lowered by 53% to $9.2, the target price of TAL was lowered by 67% to $29, and the target price of Youdao was lowered by 15% to $29.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>[Movement] China Concept Education Stocks Plunged Premarket, New Oriental Dropped Over 48%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n[Movement] China Concept Education Stocks Plunged Premarket, New Oriental Dropped Over 48%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-07-23 16:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On July 23rd, the U.S. stock of China Education plummeted before the market.<a href=\"https://laohu8.com/S/EDU\">New Oriental</a>fell by more than 48%,<a href=\"https://laohu8.com/S/TAL\">TAL</a>fell by more than 44%,<a href=\"https://laohu8.com/S/GOTU\">Gaotu</a>It fell by more than 20%.</p><p>According to Caixin.com, the \"double reduction\" document (Zhongbanfa {2021} No.40 document) for the supervision of the education and training industry has officially landed. The staff of local education departments at the municipal level in many places, including Beijing, have confirmed that they have received relevant documents and are carrying out supervision work accordingly.</p><p>At the same time, CICC today released a research report stating that on May 21, 2021, it reviewed and approved the Opinions on Further Reducing the Burden of Homework and Off-Campus Training for Students in Compulsory Education. We expect that the \"double reduction\" policy will be published in writing in the future. The strictness of standardized management in this education and training industry is unprecedented.</p><p>The Ministry of Education established the Off-campus Education and Training Supervision Department in June, whose duties include formulating standardized management policies for off-campus education and training, organizing and implementing comprehensive management of off-campus education and training, etc. We believe that the standardized management of education and training will continue. We believe that in the future, the \"double reduction\" policy will be implemented in parallel on and off campus, that is, schools will play the main function of education, and off-campus training institutions will be regulated.</p><p>According to CICC, due to the uncertainty of the specific implementation of this policy, we make valuation calculations according to five scenario assumptions of different regulatory strengths. At the same time, we choose the more pessimistic regulatory scenario Hypothesis 4 (one day on weekends and winter and summer vacations are prohibited) as the benchmark hypothesis, and calculate the impact of income and profit and adjust the target price of listed companies in education and training. We cut our target price for New Oriental by 53% to $9.2,; The target price of TAL was lowered by 67% to $29, and the target price of New Oriental Online was lowered by 70% to HK$12.2.</p><p>In addition, in the ADR, the target price of New Oriental was lowered by 53% to $9.2, the target price of TAL was lowered by 67% to $29, and the target price of Youdao was lowered by 15% to $29.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9730389e2c12f92286a75c147f1ce1db","relate_stocks":{"09901":"新东方-S","EDU":"新东方"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153079548","content_text":"7月23日，中概教育股美股盘前重挫，新东方跌超48%，好未来跌超44%，高途跌超20%。\n据财新网报道，针对教培行业监管的“双减”文件（中办发{2021}40号文件）已正式落地。包括北京在内的多地市级地方教育部门工作人员均确认，已收到相关文件，正据此开展监管工作。\n同时，中金公司今日发布研报称，2021年5月21日，审议通过了《关于进一步减轻义务教育阶段学生作业负担和校外培训负担的意见》。我们预计“双减”政策后续将成文发布。此次教培行业的规范管理严格程度史无前例。\n教育部于6月成立校外教育培训监管司，其职责包括拟订校外教育培训规范管理政策、组织实施校外教育培训综合治理等。我们认为对于教培的规范化管理将持续进行。我们认为，未来校内、校外将并行落实“双减”政策，即学校发挥教育主体功能，校外培训机构规范管理。\n中金称，由于本次政策具体实施力度不确定性较大，我们根据五种不同监管力度的场景假设进行估值测算。同时我们选择较为悲观的监管场景假设4 (禁止周末1天及寒暑假)作为基准假设，对教培上市公司进行收入利润影响测算和目标价调整。我们下调新东方目标价53%至9.2美元，;下调好未来目标价67%至29美元，下调新东方在线目标价70%至12.2港元，\n此外，ADR中，下调新东方目标价53%至9.2美元，下调好未来目标价67%至29美元，下调有道目标价15%至29美元。","news_type":1,"symbols_score_info":{"09901":0.9,"EDU":0.9}},"isVote":1,"tweetType":1,"viewCount":2370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":175603481,"gmtCreate":1627027356043,"gmtModify":1703482692960,"author":{"id":"3575780346597536","authorId":"3575780346597536","name":"新加坡大人物","avatar":"https://static.tigerbbs.com/2632eb86c6dfaafd66e3768d2a864bda","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3575780346597536","authorIdStr":"3575780346597536"},"themes":[],"htmlText":"CNMB","listText":"CNMB","text":"CNMB","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175603481","repostId":"1153079548","repostType":4,"isVote":1,"tweetType":1,"viewCount":2370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":432211763994928,"gmtCreate":1746539355707,"gmtModify":1746539574943,"author":{"id":"3575780346597536","authorId":"3575780346597536","name":"新加坡大人物","avatar":"https://static.tigerbbs.com/2632eb86c6dfaafd66e3768d2a864bda","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3575780346597536","authorIdStr":"3575780346597536"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UFG\">$Uni-Fuels Holdings Ltd(UFG)$</a> why drop?&nbsp;","listText":"<a href=\"https://ttm.financial/S/UFG\">$Uni-Fuels Holdings Ltd(UFG)$</a> why drop?&nbsp;","text":"$Uni-Fuels Holdings Ltd(UFG)$ why drop?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/432211763994928","isVote":1,"tweetType":1,"viewCount":1746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}