Analyst

Steve

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/fenbi-ltd" target="_blank" data-smartkarma-citation="entities:36640:1" rel="noopener">Fenbi Ltd (2469 HK)</a> is a newly listed China edtech company that focuses on tutoring for China civil servant exams.  </li>
<li>The company's share price was caught by a perfect storm in June, dropping by as much as 70% during the month.</li>
<li>Very interesting opportunity to have exposure to a quality company in a sector that is very different from K12 tutoring.  </li>
</ul>



Fenbi Ltd (2469 HK) is a newly listed China edtech company that focuses on tutoring for China civil servant exams.  
The company's share price was caught by a perfect storm in June, dropping by as much as 70% during the month.
Very interesting opportunity to have exposure to a quality company in a sector that is very different from K12 tutoring.  


Fenbi (2469 HK): Rightfully Sold, Wrongfully Punished