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TAL Education Group (NYSE: TAL) shares closed higher by 9.00% to $4.36 Monday afternoon. Shares of several Chinese stocks are trading higher amid positive macroeconomic news in China related to the real estate sector.
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TAL Education Group (NYSE: TAL) shares are trading lower by 10.83% at $3.54. Shares of Chinese companies are trading lower in possible reaction to US President Biden's recent unveiling of the Indo-Pacific Economic Framework to counter China's influence in the region.
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TAL Education Group (NYSE:TAL ) Q4 2022 Earnings Conference Call April 29, 2022 8:00 AM ET Company Participants Jackson Ding - Investor Relations Director Alex Peng - President and Chief Financial Officer Conference Call Participants Lucy Yu - Bank of America D. S. Kim - JPMorgan Mark Li - Citi Sheng Zhong - Morgan Stanley Felix Liu - UBS Linda Huang - Macquarie Liping Zhao - CICC Operator Good day, and thank you for standing by.
TAL Education Group (NYSE: TAL) reported a fourth-quarter FY22 sales decline of 60.3% year-on-year, to $541.15 million. Operating costs and expenses declined 67.1% Y/Y to $546.3 million.