$51Talk(COE.US)$On December 21, 51Talk announced that it had received a notification letter from the New York Stock Exchange dated December 20, 2021 informing it that the company's total market value and shareholders' equity were below compliance standards. Under applicable NYSE continuing-listing standards, a company's stock will be considered below par if its total market capitalization falls below $50 million over 30 trading days and its shareholder equity falls below $50 million. As of Dec. 17, 2021, 51Talk's 30-day average market capitalization was about $39.3 million.
51Talk宣布，即日起不再向境内青少用户售卖境外外教课程，称会继续加大成人英语业务投入，为成人用户提供高品质课程。 China's online English education platform #51Talk announced that it will no longer sell overseas foreign teacher courses to domestic young users, and will continue to increase investment in the adult English business. $51Talk(COE.US)$
Will companies like$51Talk(COE.US)$or$Zhangmen Education(ZME.US)$escape from China regulation because they are just teaching English language? This can be a potential multi bagger at current price if they manage to escape from regulation. Companies said that there will be a huge impact on their businesses, although some of them still expect they will not be recognized as curriculum-based institutions. "The majority of our products target oral English and English reading skills training. These products cannot be directly defined as 'curriculum-based tutoring courses', so this might sustain our company's operation temporarily," a staff member from VIPKID, a Chinese one-on-one English tutoring agency, told the Global Times on Tuesday on condition of anonymity. https://www.globaltimes.cn/page/202107/1229758.shtml...
51Talk股票讨论区
51talk，棒棒棒
Some potential here
From a teacher point:
https://www.bilibili.com/video/BV1tU4y1J7en
$好未来(TAL.US)$
$51Talk(COE.US)$
$Zhangmen Education(ZME.US)$
China's online English education platform #51Talk announced that it will no longer sell overseas foreign teacher courses to domestic young users, and will continue to increase investment in the adult English business.
$51Talk(COE.US)$
This can be a potential multi bagger at current price if they manage to escape from regulation.
Companies said that there will be a huge impact on their businesses, although some of them still expect they will not be recognized as curriculum-based institutions.
"The majority of our products target oral English and English reading skills training. These products cannot be directly defined as 'curriculum-based tutoring courses', so this might sustain our company's operation temporarily," a staff member from VIPKID, a Chinese one-on-one English tutoring agency, told the Global Times on Tuesday on condition of anonymity.
https://www.globaltimes.cn/page/202107/1229758.shtml...
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