TAL Education (TAL): Negative Surprise in 2Q21
The 2Q21 revenue growth rate was lower than the market consensus and our expectation. Operating profit turned negative. TAL took more online...
569 Views
TAL Education (TAL): App User Base Bounced, While Competitors Shrank in F2Q21, Upgrade to Hold
The monthly active user bases bounced during the summer vacation, while competitorsā users shrank. This is positive for forthcoming 2Q21 result.
494 Views
ECM Weekly (9 August 2020) - KE Holdings, Pop Mart, Everest Med, KWG Living, E-Star Comm
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs. Hong...
913 Views
TAL Education (TAL): Parents Told Reason for Strong 1Q21, But Stock Price Has Risen Too Much
TAL recovered strongly in 1Q21 (by May 2020). We believe TALās online courses benefited from the bankruptcy of small tutoring schools. Our EPS...
502 Views
Weekly (20Jul2020): Tax Check on Online Retailers Stopped, Cross-Province Group Tour Reopened
Tencent (700 HK) acquired a game developer, Leyou (1089 HK). The State Taxation Administration stopped local tax bureausā self-check requirement...
555 Views