You Searched For "gsx techedu" and got 14 results
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1 min read
A Chinese education executive has reportedly lost $15 billion since January, with the latest blow coming as China extends its corporate crackdown to the private-tutoring sector
Larry Chen, who was once one of the world's richest people from founding Gaotu Techedu, has lost bi…
Emily Graffeo
2 mins read
David Einhorn slammed the SEC for not noticing the 'real story' of Archegos, which he says involves the firm driving a 400% gain in a company short-sellers call a fraud
Einhorn says the SEC should've noticed a 400% gain in GSX Techedu driven by Archegos buying most of…
Emily Graffeo
2 mins read
Chinese tech firms hammered by the Archegos blow-up announce share buybacks
Vipshop, Tencent Music Entertainment, and GSX Techedu all announced share buybacks in the past week…
Will Daniel
3 mins read
A famed short-seller explains why he's betting big against a Chinese tech stock that has seen a 'crazy stupid' 320% gain in 2020
"If you believe their financials, then you believe that they've created probably the greatest compa…
Saloni Sardana
2 mins read
SEC alleges Archegos' Bill Hwang used $160 billion in leverage to own as much as 70% of a single company. These are the 7 biggest stakes he controlled.
"The size of Archegos' exposures to its Top 10 Holdings allowed Archegos to assert a dominant marke…
Matthew Fox
2 mins read
Chinese education stocks plunge as Beijing reportedly wants to turn tutoring companies into non-profits
Foreign capital investment into tutoring companies may be banned under potential rule changes.
Carla Mozée
1 min read
These are the 8 stocks that plummeted as Archegos Capital margin call led to $20 billion liquidation
More than $35 billion in market value was wiped away from these stocks as the selling intensified o…
Matthew Fox
2 mins read
US-listed Chinese stocks crash to their lowest point in more than a year as Beijing ramps up its crackdown on corporations
A broad index tracking US-listed Chinese stocks has lost 30% of its value this year alone.
Carla Mozée
3 mins read
David Einhorn calls out Elon Musk and Chamath Palihapitiya, defends GameStop champion Roaring Kitty, and blasts market regulators in a new letter. Here are the 11 best quotes.
The Greenlight Capital boss also highlighted the "Big Short" investor Michael Burry's exit from Twi…
Theron Mohamed
2 mins read
Carson Block suggests some hedge funds may have piled into GameStop last week to squeeze short-sellers - and says markets are 'broken'
Short-seller Carson Block questioned whether it was only day traders who were squeezing hedge funds…
Harry Robertson
2 mins read
Bill Hwang lost around $20 billion in 2 days when his Archegos fund imploded, report says
Hwang's savvy investments saw him grow $200 million into $20 billion in a matter of years, a report…
Harry Robertson
2 mins read
Short bets against US stocks have fallen to the lowest level since records began as the market's seemingly endless rally continues
Goldman Sachs said short-interest as a proportion of market cap fell to 1.8% at start of the month,…
Saloni Sardana
3 mins read
SIMPLY PUT: The ripple effect of Archegos Capital's collapse may cost global banks $6 billion
This includes Goldman Sachs, Morgan Stanley, Deutsche Bank, Credit Suisse and Nomura, who are Ar…
4 mins read
Greenlight Capital's David Einhorn just called the top in stocks and gave 10 reasons tech is in a bubble
Einhorn said he received a job application from a 13-year-old with the subject line "I am young, bu…