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The It also offers environmental protection engineering and provides electricity operators with construction contracting and services. After deductions the company expects to receive proceeds from its Global Offering of approximately HK$9,967.7 million (£965.9 million), which will be used to invest in “technologies to enhance its students’ learning experience, its business growth and geographic expansion, strategic investments and acquisitions, and general corporate purposes and working capital needs”. View daily, weekly or monthly format back to when New Oriental Education & Techno stock was issued. Visit a quote page and your recently viewed tickers will be displayed here. Show details. The securities lawsuit was in relation to Alibaba's IPO in 2014. In Stock. Something went wrong while loading Watchlist. Books Advanced Search New Releases Best Sellers & More Children's Books Textbooks Textbook Rentals Best Books of the Month Share. Your email address will not be published. Weekend reads: $500,000 and a retirement problem, What a COVID-19 vaccine would mean for mortgage rates and the housing market, These are the 14 value stocks that top-performing investment newsletters like the most, Man who called Dow 20,000 says 3 factors will make 2021 ‘a very good year’ for stocks. Have Watchlists? Create a list of the investments you want to track. We are a leading provider of comprehensive online education services in China, with core expertise in after-school tutoring and test preparation. Add both to Cart Add both to List. Yu added that the secondary listing demonstrated the company’s confidence in the city as a “global capital and financial centre, as well as our confidence and expectation in Hong Kong’s long-term prosperity and stability”. Historical and current end-of-day data provided by FACTSET. This browser is no longer supported at MarketWatch. Privacy Notice, and The Investor Relations website contains information about New Oriental Education and Technology Group, Inc.'s business for stockholders, potential investors, and financial analysts. Founder Michael Minhong Yu at New Oriental's listing ceremony. Copyright © 2020 MarketWatch, Inc. All rights reserved. Buy … Cookie Notice. It operates through the following business segments: High-Efficient Cleaning Power Generation Unit, New Energy, Hydro-Energy and Environmental Protection Equipment, Engineering and Service, and Others. “[This] is a strategic move that surfs on the tide of the times”, “We hope to leverage this opportunity to break new ground for New Oriental, with the aim of providing students with higher quality and more diversified educational products and services, and making greater contributions to the progress of the development of China’s education.”. The MarketWatch News Department was not involved in the creation of this content. New Oriental was listed on the Hong Kong stock exchange for the first time this month, closing on its first day of trading at HK$1,365 (£132), a 14.7% increase against the offer price. Having already been listed in the US for 14 years, New Oriental is the largest private provider of education services in China, offering a slew of products including tutoring, test prep, language classes and online education. Large-scale protests and crackdowns on civil liberties by the authorities over the last few years have continued to stoke fears of companies and capital leaving the city and threatening its economic stability. $33.67 -$0.01 -0.0% Price as of November 20, 2020, 8:19 p.m. EST View Interactive TCOM Charts The Company is a consolidator of hotel accommodations and air tickets in China. Our business was established in 2005 by New Oriental Education & Technology Group, or New Oriental, a pioneer and the largest provider of private education services in China with more than two decades of experience. UK commits funding to domestic Erasmus+ alternative, Canada "considering" letting int'l students return in September, Indian students stopped from boarding flights to Canada, Canada's international students "left out" of support package, Australia to consider July entry for international students, Canada backtracks on travel ban exemption for international students, Two-year work rights for international students in UK reinstated for 2020/21, Visa application issues could stop students reaching universities, Canada makes major concession on entry for international students, Canada: some int'l students eligible for support, China: students frustrated by lack of support, Deputy Vice-Chancellor (Strategic Engagement). 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