HK education – 318444 http://318444.info/ Tue, 11 Jan 2022 15:26:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://318444.info/wp-content/uploads/2021/10/cropped-icon-32x32.png HK education – 318444 http://318444.info/ 32 32 New Oriental Education sacked 60,000 people after Beijing crackdown last year https://318444.info/new-oriental-education-sacked-60000-people-after-beijing-crackdown-last-year/ Mon, 10 Jan 2022 07:06:00 +0000 https://318444.info/new-oriental-education-sacked-60000-people-after-beijing-crackdown-last-year/ Yu minhong – the billionaire founder of New Oriental Education – confirmed the massive reshuffle in an article on his WeChat account over the weekend, adding that the company has encountered “too many changes in 2021”. He blamed the layoffs on “politics, the pandemic and international relations.”

Yu’s post makes clear the consequences for private enterprise in China as Beijing took significant steps to curb what it saw as unruly business practices.

Listed in New York Oriental – China’s largest private education company by market capitalization – has been one of the most high-profile victims of widespread restrictions on the country’s $ 120 billion private tutoring sector, while it was under control. shock to rules announced in July that banned for-profit courses, after-school tutoring services and prevented those companies from making a profit or raising capital.

Regulators said at a time when excessive tutoring overwhelmed children and imposed too heavy a financial burden on parents, while exacerbating social inequalities.

Since these restrictions were announced, authorities have ordered these educational companies to suspend online and offline tutoring classes.

New Oriental, famous for its out-of-school tutoring services, had more than 88,000 full-time staff and around 17,000 teachers and contract workers as of May, according to its latest report. Annual Report.

It was not clear whether contract workers were among the 60,000 made redundant, but that figure represents about two-thirds of New Oriental’s full-time staff last year.

The company also spent nearly 20 billion yuan ($ 3.1 billion) last year to reimburse prepaid tuition fees to customers, compensate laid-off employees, and waive leases for learning sites through the country, according to Yu.

He added that earnings fell 80% while its market capitalization fell 90%. New Oriental lost some $ 28 billion in market value in 2021.

China's

The ban on private tutoring shocked parents and left many businesses struggling. It also sparked a sharp liquidation of Chinese education companies in New York and Hong Kong: in late July, Goldman Sachs estimated that regulations had wiped out $ 77 billion in the market value of Chinese tutoring companies listed on the market. foreigner in a week.

It was a sudden turnaround in fortunes for those companies, which had been stock market darlings in recent years and attracted billions of dollars in funding from investors like Tiger Global Management and SoftBank Group.

It is not yet known how many jobs in total have been cut due to the crackdown. However, former education official Wang Wenzhan said last July that there were nearly a million institutions across the country focused on after-school tutoring, employing around 10 million people. In December, the Education Ministry announced that authorities had closed 84% of online and offline after-school classes in the country. establishments.

Xi Jinping attacks Chinese capitalists.  Here's why that will change in 2022

For the few survivors, life could still be difficult. Yu acknowledged in his post that New Oriental has emerged over the past six months “with great difficulty”.

The entrepreneur, who founded New Oriental in 1993, said the company had completely shut down its tutoring operations for basic school subjects. Then, it will focus on teaching other subjects – usually music or sports, which are not part of the core curriculum in China – by providing tutoring services to students and offering Chinese language lessons on them. foreign markets.

New Oriental has also set up an e-commerce live broadcast platform focused on selling agricultural products, Yu said.

“Work hard, study hard and try to find new directions,” he added. “These should be my top three themes for 2022.”

NLP Education (TAL), another Chinese tutoring giant, announced in November that it would no longer focus on teaching school curricula kindergarten to ninth grade, and instead tutoring other subjects, such as music and sports. He also wants to expand his activities abroad.
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New Oriental Launches 60,000 Employees After China’s Education Crackdown, Founder Says https://318444.info/new-oriental-launches-60000-employees-after-chinas-education-crackdown-founder-says/ Mon, 10 Jan 2022 06:20:26 +0000 https://318444.info/new-oriental-launches-60000-employees-after-chinas-education-crackdown-founder-says/

BEIJING, January 10 (Reuters)The New Chinese Oriental 9901.HK laid off 60,000 employees and saw its operating income drop 80% after Beijing enforced sweeping new rules on the country’s private education industry that banned for-profit tutoring last year, according to its founder.

Yu Minhong, who founded the company in 1993, posted the figures on his official WeChat account on Saturday in a disclosure that showed how the July 2021 crackdown hit what was once one of China’s largest private tutoring companies. .

The WeChat publication did not specify a time frame for the decline in operating profit.

Before the new rules, New Oriental employed 105,200 people, including 54,200 teachers, according to its website.

Chinese authorities last year banned for-profit tutoring in curriculum subjects in an attempt to ease pressure on children and parents, leading to a wave of school closures and layoffs in the sector. of private education.

New Oriental, which has also seen its market value drop 90% since the rules were announced, has tried to pivot its business to other industries that are not affected by the regulations, including dance and drawing lessons. and private Chinese lessons to foreigners abroad. markets.

Yu also urged the company to sell fruits and vegetables via live streaming, and said the company plans to set up its own live e-commerce platform for farmers.

“The New Oriental has encountered too many changes in 2021,” he said in his WeChat article.

($ 1 = 6.3736 Chinese yuan)

(Reporting by Sophie Yu and Brenda Goh; Editing by Himani Sarkar)

((Sophie.Yu@thomsonreuters.com; 861056692136;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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China’s largest education company cut 60,000 jobs after tutoring restrictions https://318444.info/chinas-largest-education-company-cut-60000-jobs-after-tutoring-restrictions/ Mon, 10 Jan 2022 05:06:49 +0000 https://318444.info/chinas-largest-education-company-cut-60000-jobs-after-tutoring-restrictions/

(Bloomberg) – New Oriental Education & Technology Group Inc. laid off tens of thousands of employees last year, revealing the toll of China’s $ 100 billion out-of-school education industry upheaval.

Yu Minhong, founder and chairman of the Chinese tutoring giant, revealed in a WeChat article over the weekend that the company laid off 60,000 workers and saw revenues drop 80% after shutting down all tutoring services. K-9 tutoring following Beijing’s overhaul of the once-lucrative sphere. Last July. This represents nearly three-quarters of its more than 81,000 employees in May.

“In 2021, New Oriental has encountered too many unforeseen events due to factors such as politics, the pandemic and international relations,” Yu wrote. “Much of our business remains in a state of uncertainty. “

Once one of China’s top private education providers, New Oriental saw 90% of its market value wiped out last year after Beijing banned tutoring companies from making profits and raising capital. A combination of severance pay, tuition reimbursement and lease terminations for educational sites cost the company nearly 20 billion yuan ($ 3.1 billion), Yu said in the message.

Operating losses could be larger than expected at $ 500 million in the year ending May, said Catherine Lim, senior industry analyst for Bloomberg Intelligence. New eastern and rival TAL Education Group could see its losses stretch into 2024 as government-imposed price controls on classes and bans on classes on weekends and holidays cripple income, she wrote in a research note.

New Oriental has sought to increase investment in businesses targeting students and overseas Chinese markets, while exploring new areas such as live streaming and the sale of agricultural products. Finding a new direction will be a priority in 2022, Yu said, adding that he appeared on an hour-long live show last week that sold nearly 200,000 books.

Regulatory changes in the edtech space, reflecting a broader crackdown on Chinese internet companies, have forced major players to adapt in order to survive, including expanding non-university study programs and offering free courses. extracurricular courses.

On December 31, local regulators in major cities like Beijing and Shanghai unveiled their pricing standards for nonprofit K-9 tutoring, signaling that a relaunch of online courses may be imminent. Fees for online courses are set at 20 yuan per session, with companies allowed to charge a premium not exceeding 10%.

New Oriental is part of at least 10 companies, including ByteDance Ltd. and Yuanfudao, backed by Tencent Holdings Ltd., which have obtained licenses to offer online courses, according to a report by Caixin.

New Oriental’s Hong Kong-listed stock fell 3.7% early in Monday before reversing losses.

© 2022 Bloomberg LP

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Bright Scholar Education: Partial Notes Redemption – Form 6-K https://318444.info/bright-scholar-education-partial-notes-redemption-form-6-k/ Fri, 07 Jan 2022 20:15:00 +0000 https://318444.info/bright-scholar-education-partial-notes-redemption-form-6-k/

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange“) assumes no responsibility for the contents of this advertisement, makes no representation as to its accuracy or completeness and expressly disclaims all liability for any loss resulting from or relying on all or any part of the contents of this announcement.

This announcement is not an offer to buy, a solicitation of an offer to buy or a solicitation of an offer to sell securities and neither this announcement nor anything hereof constitutes the basis of a contract or of any commitment whatsoever. This announcement does not constitute, and may not be used in connection with, any form of offer or solicitation in any location where such offers or solicitations are not permitted by law.

BRIGHT SCHOLAR EDUCATION HOLDINGS LIMITED

(Incorporated in Cayman Islands with limited liability)

US $ 300,000,000 7.45% SENIOR TICKETS DURING 2022 (THE “TICKETS”)

(STOCK CODE: 5615)

PARTIAL REDEMPTION OF SECURITIES

Reference is made to the announcement of Bright Scholar Education Holdings Limited (the “Society“) dated July 31, 2019 regarding the notice of listing of the Company’s Bonds on the Hong Kong Stock Exchange (the”Announcement“).

As of January 7, 2022, the Company redeemed the Notes for an aggregate principal amount of US $ 30,000,000 (the “Redeemed tickets“), representing 10.0% of the initial capital of the Notes.

The redeemed Notes have been canceled in accordance with the terms of the Notes and the Note Indenture. As of the date of this announcement, the outstanding principal amount of the Notes is US $ 270,000,000, which represents 90.0% of the original principal amount of the Notes.

The Company will monitor market conditions and its financial structure and may redeem its Notes from time to time.

In accordance with Rule 37.48 (a) of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange Limited, the Company will make a new announcement for each subsequent 5% interval of the initial aggregate principal amount of the Securities which have been redeemed or canceled. in accordance with the terms and conditions of the Notes.

The Company may or may not purchase other Notes in the future. Noteholders and potential investors should note that any purchase of Notes from time to time by the Company will be at the sole and absolute discretion of the Board of Directors of the Company. There can be no assurance as to the timing, amount or price of any ticket purchase or whether the Company will make any other purchases. Holders of Notes and potential investors should therefore exercise caution when trading in Notes.

By order of the Council

Bright Scholar Education Holdings
Limit
Yang huiyan
President

Foshan, China, January 7, 2022

As of the date of this announcement, the Board of Directors of the Company is composed of Ms. YANG Huiyan, Mr. HE Junli, Ms. ZHOU Shuting, Mr. SCHLOSS Peter Andrew, Mr. ZHAO Jun and Mr. PACKARD Ronald J.

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Wakefield branch of the National Education Union calls on government to prevent children from freezing in school https://318444.info/wakefield-branch-of-the-national-education-union-calls-on-government-to-prevent-children-from-freezing-in-school/ Fri, 07 Jan 2022 14:10:00 +0000 https://318444.info/wakefield-branch-of-the-national-education-union-calls-on-government-to-prevent-children-from-freezing-in-school/
Schools are advised to keep windows open to reduce transmission of Covid.

Teachers must open windows as a Covid precaution, despite falling temperatures as students return to school this week.

The National Education Union (NEU) has called on the government to invest in more air purification units, which improve indoor ventilation and provide a warmer alternative to opening windows.

The devices were tested in Bradford primary schools before Christmas to see how effective they were.

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Education Secretary Nadhim Zahawi said the measures would reduce disruption to schools.

The Education Department announced the purchase of 7,000 purifiers this week, saying they were only needed in a handful of classrooms as a “quick fix” where opening windows was impossible .

But NEU’s Wakefield District branch secretary Sally Kincaid said they should be rolled out to more schools, beyond what she described as “tiny” numbers covered up. here.

She said: “It’s not only our members who are freezing cold, it’s also the children, who have to sit in the classrooms with woolen hats and gloves.

“It’s especially bad for older elementary school children who sit most of the day and can’t move.

“These purifiers have been used in places like New York and Hong Kong and they work.”

“They cost around £ 200 each. It’s a lot for schools when their budgets are so tight right now.

“But for the government, buying one for each classroom would cost them about half the price of the royal yacht.”

Ms Kincaid said local teachers were reporting very high readings on the carbon dioxide monitors they used to measure ventilation, demonstrating how necessary purifiers were.

She added, “We want our kids to be in class and we want schools to be open.

“But if we are to avoid the chaos we have seen before, with absent students and understaffed schools, something has to be done.”

Speaking earlier this week, Education Secretary Nadhim Zahawi said: “There is no doubt that the Omicron variant presents challenges, but the entire education sector has responded with a Herculean effort, and for that I thank each of you.

“The Prime Minister and I have made it clear that education is our number one priority. These measures will strengthen our supportive schools as we do everything in our power to minimize disruption.”

Information service on local democracy

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Education and Learning Analytics Software and Services Market Size Analysis 2021 by Major Key Players https://318444.info/education-and-learning-analytics-software-and-services-market-size-analysis-2021-by-major-key-players/ Thu, 06 Jan 2022 12:00:49 +0000 https://318444.info/education-and-learning-analytics-software-and-services-market-size-analysis-2021-by-major-key-players/

New Jersey, United States, – The Global Education and Learning Analysis Software and Services Market report comprises an in-depth analysis that covers core regional trends, market dynamics, and provides the market size at the national level of the industry. of the market. Some major aspects considered during the research included product description, product classification, industry structure, various players in the Education and Learning Analysis Software and Services market, etc. . The market report provides the values ​​for the historical period along with the forecast period and% CAGR measured for the individual segments and regional markets.

The report focuses on the global companies operating in the education and learning analytics software and services market providing data points such as company profiles, product image and description, capacity, production, value, income and contact details. This research provides key statistics on the state of the industry and is an important source of direction and direction for companies and individuals involved in the market. In addition to CAGR forecast, various other parameters such as year-over-year market growth, qualitative and quantitative information are presented. Key points such as market size, value, volume, product portfolio, market explanation and classification are shown. In addition, current trends, technological advancements in the education and learning analysis software and services market are explained.

Get | Download a sample copy with table of contents, graphics and list of [email protected] https://www.marketresearchintellect.com/download-sample/?rid=170532

The Major Players Covered in the Education and Learning Analytics Software and Services Markets:

  • IBM
  • TIBCO
  • Microsoft
  • Oracle
  • SAP
  • SAS Institute
  • Tableau Software
  • MicroStrategy
  • Alteryx
  • Qlik
  • SABA
  • Blackboard
  • scoology
  • iSpring
  • G-Cube
  • Latitude CG
  • Mind Flash
  • SkyPrep
  • Information generators
  • Watershed
  • Enlit
  • SARL

Market segmentation of automated drug delivery systems:

The Automated Drug Delivery Systems market report has categorized the market into segments comprising type of product and application. Each segment is evaluated based on share and growth rate. Meanwhile, analysts looked at potential areas that could prove rewarding for builders in the years to come. The regional analysis includes reliable forecast on value and volume, thereby helping market players to acquire in-depth insights into the entire industry.

Education and Learning Analysis Software and Services Market Split by Type:

  • Predictive analytics
  • Prescriptive analysis
  • Descriptive analysis
  • Marlet

Education and Learning Analytics Software and Services Market Split by Application:

  • Acquisition and retention of people
  • Development and intervention of study programs
  • Performance management
  • Budget and financial management
  • Operations management
  • Others

Based on geography: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina and Colombia, etc.), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa).

Get | Discount on purchasing this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=170532

Scope of the Education and Learning Analytics Software and Services Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2019
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2027
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of reports (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of custom shopping options to meet your exact research needs. Explore purchasing options

Key questions answered in the report:

  • What is the growth potential of the education and learning analytics software and services markets?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a precursor in the years to come?
  • Which application segment will grow at a sustained rate?
  • What are the growth opportunities that could emerge in the lock washer industry in the years to come?
  • What are the major challenges that the global education and learning analytics software and services markets may face in the future?
  • Who are the leading companies in the global education and learning analytics software and services market?
  • What are the main trends that are positively impacting the growth of the market?
  • What are the growth strategies considered by the players to maintain their grip on the global education and learning analytics software and services market?

For more information or a query or a personalization before purchasing, visit @ https://www.marketresearchintellect.com/product/global-education-and-learning-analytics-software-and-services-market-size-forecast/

The study thoroughly explores the profiles of the major market players and their main financial aspects. This comprehensive business analyst report is useful for all existing and new entrants when designing their business strategies. This report covers the production, revenue, market share and growth rate of the Education and Learning Analysis Software and Services market for each key company, and covers the breakdown data (production, consumption, Revenue and Market Share) by Regions, Type and Applications. Education and learning analytics software and services historical breakdown data from 2016 to 2020 and forecast to 2021-2029.

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Market Research Intellect provides syndicated and personalized research reports to clients from various industries and organizations in addition to the goal of providing personalized and in-depth research studies. range of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients make more data-driven decisions, admit push predictions, grossly capitalize on opportunities, and maximize efficiency by acting as their criminal belt to adopt accurate mention and essential without compromise. clients, we have provided expertly-behaved affirmation research facilities to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

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Karnataka: Caught off guard, education department scrambles to keep children engaged over next two weeks | Bangalore News https://318444.info/karnataka-caught-off-guard-education-department-scrambles-to-keep-children-engaged-over-next-two-weeks-bangalore-news/ Thu, 06 Jan 2022 05:30:00 +0000 https://318444.info/karnataka-caught-off-guard-education-department-scrambles-to-keep-children-engaged-over-next-two-weeks-bangalore-news/ BENGALURU: The government’s sudden decision to close schools has left the education department struggling with ways to involve children over the next two weeks. As the department plans to restart Vidyagama and continue with midday meals, approvals and program roll-out will take time, leaving children without activities for the next few days.
Vishal R, commissioner of the education department, said the announcement caught them off guard. “We will ask for lunch and Vidyagama. I will propose a file for the approval of the secretary and the minister ”, he declared. “But we need to strengthen plans, mobilize teachers, ensure their transport and the distribution of midday meals. It will all depend on approvals. ”
Vishal said although the closure is limited to Bengaluru, it could be extended to other districts later. “So we need a big picture. We will have more clarity by next week, ”he said.
Private schools said they would switch to online classes, although many admitted this was not an ideal option.
“Online classes are not as effective as physical classes, but we have no choice,” said Dr Shashi Kumar, secretary of the Association of Primary and Secondary School Directors of Karnataka. “We are unhappy with the decision to close the schools. While all other areas are functioning, why should only schools be closed? Why is education not a priority?
Educators said the department should learn from the previous two waves and not try online courses for public schools. Rishikesh BS, professor at Azim Premji University, said faculty should provide children with worksheets on skills already learned, which could serve as reinforcement as well as assessment. “They should publish at least four books from the library and have them read novels and other age-appropriate works,” he said.
However, the DPI said it was virtually impossible to immediately publish worksheets. “How can we get there so soon?” Where can we print so many worksheets. We are talking about lakhs of children. He will also need financial support. We will have to make a plan, ”Vishal said.
Midday meals also remain a concern since children will be deprived of the facility. Sumedha Rao, senior volunteer, Whitefield Ready, said this was a major concern.
“The government should allow midday meals on campus,” Rao said. “When not in class, they can give themselves a larger window of probably three hours where the children can come in, have lunch and meet the teachers. The Karnataka State High School Teachers Association said it would await guidance from the department on how to conduct classes for students in grades 8 and 9 in Bengaluru.
BENGALURU
“Online courses are not possible for public schools. We had divided the students on accessibility to gadgets during the previous confinement. But the plan has to come from the department, ”said Manjunath HK, president of the teachers’ association. Source link

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Vice President Says New Education Policy Follow Gandhi’s Nai Talim https://318444.info/vice-president-says-new-education-policy-follow-gandhis-nai-talim/ Wed, 05 Jan 2022 10:43:57 +0000 https://318444.info/vice-president-says-new-education-policy-follow-gandhis-nai-talim/

Vice President Venkaiah Naidu said on Tuesday that the New Education Policy (NEP) follows Mahatma Gandhi’s “Nai Talim” (New Education) by giving importance to the mother tongue as the language of instruction at school level. .

Addressing the Silver Jubilee celebrations of the Mahatma Gandhi International Hindi University in Wardha, the Vice President recalled that the “Nai Talim” proposed by Mahatma Gandhi to Wardha in 1937 emphasized the use mother tongue as the language of instruction in addition to free compulsory education and vocational training for students.

“Our Constituent Assembly, after much debate, accepted Hindi as an official language and also granted constitutional status to other Indian languages ​​in the Eighth Schedule. Noting that every Indian language has a glorious history and rich literature. We are fortunate to have linguistic diversity in our country. Our linguistic diversity is our strength because our languages ​​symbolize our cultural unity, ”said Naidu.

Referring to Mahatma Gandhi’s views on language, he said that for Mahatma Gandhi the language issue was a matter of national unity. “Even after insisting on Hindi, Mahatma Gandhi understood the sensitivity of each citizen to his mother tongue. Gandhiji associated the mother tongue with Swaraj and called for giving it the importance due to it”, a- he declared.


The Vice President addressed the Silver Jubilee celebrations at Mahatma Gandhi International Hindi University in Wardha and recalled the “Nai Talim” proposed by Mahatma Gandhi to Wardha in 1937.Photo from Pixabay

He also said that Indian languages ​​have played an important role in keeping the overseas Indian community tied to the motherland India, he observed.

The vice president said that a civilized society is expected to have a soft, cultured and creative language. “Let us exercise our freedom of expression with decency of language and discipline of words,” he said.

Describing our linguistic diversity as the strength of the country, the vice president urged to strengthen this thread of unity in diversity and stressed the need for a strengthened dialogue between Indian languages.

He suggested that the language departments of universities play an important role in this regard. “There should be constant contact and intellectual dialogue between the language departments of universities,” he said.

The vice president also unveiled the statue of the architect of the Constitution, Babasaheb Dr. Bhimrao Ambedkar. The vice president also inaugurated Atal Bihari Vajpayee Bhawan and Chandrashekhar Azad Hostel at the university as part of his Silver Jubilee celebrations. (IANS / JB)

(Keywords: New education policy, India, Education, Mahatma Gandhi, Vice-president, Venkaiah Naidu, Atal Bihari Vajpayee)

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Hong Kong Students Union Facing ‘Chained’ Role on Campus https://318444.info/hong-kong-students-union-facing-chained-role-on-campus/ Wed, 05 Jan 2022 00:33:44 +0000 https://318444.info/hong-kong-students-union-facing-chained-role-on-campus/

Staff and students fear that plans to force the Chinese University of Hong Kong’s (CUHK) student union to pledge to obey the law will mean a “shackled” role in campus life for them as There is growing concern about the influence of the Chinese government on Hong Kong. campus.

In October, student representatives voted to dissolve their union after 50 years, saying it faced growing problems since the university severed ties with the union earlier in 2021. It follows to the 2019 protests against the Chinese-backed extradition law, widely seen as a crackdown on political dissidents, in which Hong Kong students were a central force. A month later, CUHK expressed interest in re-establishing the union – but only under certain conditions.

If the student union continues, it will have to pledge to abide by university regulations and Hong Kong law, a move that critics say will undermine its ability to stand up for students.

“They will have to refrain from being too political – unless of course their politics are of the ‘right’ kind,” said a faculty member, who asked not to be named, noting that many universities Hong Kong-based have taken steps to distance themselves from their student unions, “making it clear that no form of political dissent from these groups will be tolerated.”

He said making the required commitment “essentially means … giving up its freedom of speech on all matters that the Chinese government deems” sensitive “,” something which may not “completely thwart” the objective of ‘have a student union, but “nevertheless this means that it will be chained in its operations”.

Asking student organizations to sign a pledge has become a “standard requirement and a political gesture” for Hong Kong institutions wishing to avoid legal liability for student actions, said another faculty member.

“Under the threat of the law on national security, the decline of civil society and a generation of young leaders in prison or in exile, it is obvious that the space for the survival of student organizations is very limited,” he said. he declared.

“In the future, if there really is a new student union, they will keep a much lower profile, or the discussion will remain [focused on] campus politics, ”said Maggie Choi, fourth-year CUHK student and organizer of the Student Association Concern Group, an unofficial body that aims to bring student organizations together in the absence of a union.

Owen Au, a senior who served as student union president in 2018, said that during his own tenure, union functions have become largely “confined to campus and concerned. [with] student affairs ”, on less politically sensitive issues, such as the academic progress of individuals or whether the food in the cafeteria was satisfactory.

After the 2019 protests, Au said, the university administration began to view the student union as a “cradle of rebellion.”

He added: “There is little space for us to participate in social and political issues. [but] it is important for us to maintain a network among the students.

Kristin Cheung, fourth-year student organizer at the Student Association Concern Group, expressed hope that a renewed student union could play a bigger role in tackling controversial university policies such as campus security checks .

A CUHK spokesperson said the university had not pressured or forced the students’ union to dissolve.

“To require members of a university to comply with the law is not unreasonable in the context of widely used international practice,” with such agreements common in major institutions in the United States and the United Kingdom. United, he said.

“We are always open to constructive and collaborative dialogue with students to explore options for building a more diverse and inclusive student organization,” he added.

pola.lem@timeshighereducation.com

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China Kepei Education Group (HKG: 1890) profits declined during the year, contributing to the loss of 39% of shareholders https://318444.info/china-kepei-education-group-hkg-1890-profits-declined-during-the-year-contributing-to-the-loss-of-39-of-shareholders/ Tue, 04 Jan 2022 22:50:42 +0000 https://318444.info/china-kepei-education-group-hkg-1890-profits-declined-during-the-year-contributing-to-the-loss-of-39-of-shareholders/

Investors can get closer to the average market return by purchasing an index fund. When you buy individual stocks, you may realize higher profits, but you also run the risk of underperformance. For example, the China Kepei Education Group Limited (HKG: 1890) the stock price has fallen 41% in the past year. This is well below the market’s decline of 7.3%. We wouldn’t rush to pass judgment on the China Kepei Education Group because we don’t have a long-term history to look at. Shareholders have had an even tougher time lately, with the stock price falling 23% in the past 90 days. Note that the company published results quite recently; and the market is hardly happy. You can see the latest figures in our corporate report.

On a more encouraging note, the company added CNN 584 million to its market cap in the past 7 days alone. So let’s see if we can figure out what caused the loss of a year for shareholders.

Check out our latest analysis for China Kepei Education Group

While the markets are a powerful pricing mechanism, stock prices reflect investor sentiment, not just underlying business performance. One way to look at how market sentiment has changed over time is to look at the interaction between a company’s stock price and its earnings per share (EPS).

Unfortunately, China Kepei Education Group has had to report a 25% drop in its EPS over the past year. This drop in EPS is not as bad as the 41% drop in the stock price. This suggests that the fall in BPA made some shareholders more nervous about the company.

The image below shows how EPS has tracked over time (if you click on the image you can see more detail).

SEHK: 1,890 Growth in earnings per share on January 4, 2022

We consider it positive that insiders have made significant purchases in the past year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide for the business. This free China Kepei Education Group Profit, Revenue and Cash Flow Interactive Report is a great place to start if you want to study the stock further.

A different perspective

We doubt China Kepei Education Group shareholders are happy with the 39% year-over-year loss (including dividends). It is far from the market, which lost 7.3%. This is disappointing, but it should be borne in mind that selling on a market scale would not have helped. The stock price has continued to decline over the past three months, down 23%, suggesting a lack of investor enthusiasm. Basically, most investors should be wary of buying a poor performing stock unless the company itself has clearly improved. While it is worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we discovered 3 warning signs for China Kepei Education Group (1 is a bit nasty!) Which you should be aware of before investing here.

China Kepei Education Group is not the only one to buy. So take a look at this free list of growing companies with insider buying.

Please note that the market returns quoted in this article reflect the market-weighted average returns of stocks currently trading on the Hong Kong stock exchanges.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

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