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TAL, EDU, GOTU Rally as China's Education Policy Boosts Employment Focus
TALTAL(US:TAL) GuruFocusยท2024-10-04 14:30

Industry Overview - US-listed Chinese education stocks surged following the release of a new policy focusing on employment and education integration [1] - The policy emphasizes improving the match between education supply and talent demand by enhancing modern vocational education [1] - The policy aims to integrate vocational and regular educational systems, promote industry-education collaboration, and foster scientific and educational connections to cultivate more high-quality technical skills [1] Company Performance - TAL Education Group (TAL) saw its shares rise over 4% [1] - New Oriental Education & Technology Group (EDU) gained more than 3% [1] - Gaotu Techedu Inc (GOTU) increased nearly 1% [1] Growth Opportunities - Positive developments in the vocational education sector could position leading companies for significant growth opportunities [2] - Training institutions capable of empowering vocational education are especially recommended for closer attention [2]