Exact(7)
Chinese education company, New Oriental Education, organises SAT trips to Hong Kong for $1,000 (£627) on average, and parents spend up to $8,000 £5,0200) on tutoring.
One Chinese company which caters to all ages, New York-listed New Oriental Education, has a market valuation of $3.8 billion.
Yus 31% stakes in New Oriental Education is now worth $886 million.
I'm still holding Vision China Media (VISN, 7), Sohu.com (SOHU, 46), Ctrip.com (CTRP, 22), Home Inns and Hotels Management (HMIN, 10), New Oriental Education (EDU, 48) and ATA Inc. (ATAI, 5).
Looking ahead, New Oriental Education expects its total net revenues in the second quarter of fiscal to be in the range of 211.2 million yuan to 224.8 million yuan ($28 million to $29.8 million), about 25%-33%-33%her than previous year.
Shares of New Oriental Education have quintupled since the company floated its shares on the New York Stock Exchange at $15 per share in September 2006, transforming 45-year old founder Yu, a former English teacher at Beijing University, into a rising Chinese tycoon.
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Food for the Heart MAR. 30 -- Chefs from Aquavit, Aureole, Montrachet, Zoe and 20 other restaurants will cook specialty dishes at Mandarin Oriental to aid education and research programs of the New York chapter of the American Heart Association.
They will have at least 2 years of clinical experience and will have received more than 6 years of oriental medicine college education.
In addition, education in Oriental medicine has been limited in Japan, and currently, there is an insufficient number of practitioners.
Take, for example, New Oriental, one of the largest private education providers in China.
The most successful private education providers, including New Oriental, based in Beijing, are even listing on the New York stock exchange and boasting earnings equivalent to hundreds of millions of dollars a year.
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