Reported about 1 month ago
Amid a challenging environment for Chinese stocks, veteran fund manager Jason Hsu of Rayliant Global Advisors highlights New Oriental Education & Technology Group as his top trade. Despite regulatory pressures that previously plummeted its stock price nearly 90%, New Oriental is adapting with promising new initiatives in non-academic tutoring and has seen revenue growth. With a significant rise in Chinese students seeking to study abroad, Hsu believes the company is well-positioned for a strong recovery.
Source: YAHOO