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Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
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How much has the education and training industry really recovered?
No more glory.
Stock price performance lags behind Q2's better-than-expected results, could tal education (TAL.US) be just one step away from playing the 'buyback card'?
The financial report shows that as of August 31, 2024, in the second quarter of tal education's fiscal year 2025, the net revenue reached 0.619 billion US dollars, a year-on-year increase of 50.4%; the net income attributable to tal education was 57.4 million US dollars, a year-on-year increase of 51.5%. This obviously exceeds the previous market expectations.
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Morgan Stanley Maintains TAL Education(TAL.US) With Buy Rating, Raises Target Price to $12
US stock abnormal movement | Tal Education continued to rise by 2% before the market. Second-quarter revenue and net income both increased by more than 50% year-on-year.
Great Wall News October 25th | Tal Education (TAL.US) pre-market trading continued to rise by 2%, to $10.71. In terms of news, Tal Education announced its Q2 performance for the fiscal year 2025, with revenue of 0.619 billion yuan, a year-on-year increase of 50.4%; net income of $57.4 million, a year-on-year increase of 51.5%. Revenue for the first half of the fiscal year was $1.0335 billion, a year-on-year increase of 50.4%; net income of $68.8 million, while the same period last year recorded a net loss of $7.1 million. (Great Wall News)
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Express News | In the second fiscal quarter of Tal Education, net revenue increased by 50.4% year-on-year.