TAL Education Group 3 ADR Reptg

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟵.𝟬𝟲.𝟮𝟬𝟮𝟮

Hello getquin,

today is about the beginning of summer, Nio's numbers and VW!

𝗘𝘂𝗿𝗼𝗽𝗮🌍:

1. 𝘞𝘪𝘳𝘵𝘴𝘤𝘩𝘢𝘧𝘵 𝘥𝘦𝘳 𝘌𝘶𝘳𝘰𝘻𝘰𝘯𝘦 𝘸𝘶𝘤𝘩𝘴 𝘪𝘮 1. 𝘘𝘶𝘢𝘳𝘵𝘢𝘭 𝘴𝘤𝘩𝘯𝘦𝘭𝘭𝘦𝘳 𝘢𝘭𝘴 𝘶𝘳𝘴𝘱𝘳ü𝘯𝘨𝘭𝘪𝘤𝘩 𝘨𝘦𝘴𝘤𝘩ä𝘵𝘻𝘵

The eurozone economy grew faster than initially estimated in the first quarter, despite the spread of the Omicron coronavirus and the Ukraine war. That's according to a final estimate for the period from the EU's statistics agency, Eurostat.

In the 19 countries that use the euro as their currency, eurozone gross domestic product grew 0.6% in the first three months of the year compared with the previous quarter, Eurostat said Wednesday. That's up from the second estimate of 0.3% for the period and exceeds the previous quarter's 0.2% increase. Economists surveyed by The Wall Street Journal expect the economy to grow 0.3% in the first quarter.

More on growth: https://on.mktw.net/3H6yISG

2. 𝘚𝘰𝘮𝘮𝘦𝘳𝘣𝘦𝘨𝘪𝘯𝘯 𝘴𝘵𝘪𝘮𝘮𝘵 𝘉𝘦𝘪𝘦𝘳𝘴𝘥𝘰𝘳𝘧 𝘱𝘰𝘴𝘪𝘵𝘪𝘷

Cosmetics group Beiersdorf has raised its sales forecast due to increased demand for sunscreen products. According to Vincent Warnery, the company's chief executive, its main brand Nivea performed exceptionally well in the second quarter, with skin care outperforming body care. According to him, sunscreen and facial care products were at the forefront of the trend.

The executive reiterated its guidance for mid-single-digit organic sales growth this year. Warnery added that growth would be at the "upper end" of expectations. The operating return on sales (Ebit margin) will be 13%, the same as last year, as previously reported.

🟩 $BEI (+1.28%) (🔼 +4,03%)

Click here for the article: https://bit.ly/3aLZrrP

𝗔𝗺𝗲𝗿𝗶𝗸𝗮 🌏:

2. 𝘝𝘞 𝘦𝘳ö𝘧𝘧𝘯𝘦𝘵 𝘉𝘢𝘵𝘵𝘦𝘳𝘪𝘦𝘭𝘢𝘣𝘰𝘳 𝘪𝘯 𝘊𝘩𝘢𝘵𝘵𝘢𝘯𝘰𝘰𝘨𝘢

The ID.4's new batteries will have to take a beating. The new electric SUV is expected to boost Volkswagen's long-slumping sales in the United States. The German carmaker doesn't need problems with the power storage system, which have forced competitors to issue recalls from time to time. That's why the company is conducting on-site tests.

VW on Wednesday inaugurated a 32,000-square-foot, $22 million battery lab in Chattanooga, Tennessee. VW North America CEO Scott Keogh says the goal is to develop battery expertise in-house.

🟥 $VOW3 (+1.09%) (🔽 -1,78 %)

More on the new lab here: https://bit.ly/3xB0iV7

𝗦𝗽𝗲𝘇𝗶𝗮𝗹:

𝘍𝘢𝘤𝘦𝘣𝘰𝘰𝘬'𝘴 𝘢𝘭𝘵𝘦𝘳 𝘍𝘉-𝘚𝘵𝘰𝘤𝘬-𝘛𝘪𝘤𝘬𝘦𝘳 𝘸𝘪𝘳𝘥 𝘨𝘦ä𝘯𝘥𝘦𝘳𝘵

The company formerly known as Facebook (FB) will no longer use the "FB" symbol it has had since going public in 2012. Instead, it will start trading under the new symbol "META" on Thursday.

🟥 Still: $FB (+0.15%) (🔽 -2,06 %)

Read more here: https://cnn.it/3xj5LOX

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻:

Nio $NIO (+3.39%)

EPS: 🟩 -1.06 CNY expected vs -0.79 CNY published; Difference: 25.59%.

Sales: 🟩 9.86 mil CNY expected vs 9.91 mil CNY published; Difference: 0.56

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

🟩 TOP $ABCL (+2.69%) , 8,30 € (🔼 +11,19%)

🟥 FLOP $TAL (-0.53%) , 3,93 € (🔽 -15,57%)

🟥 Most searched $AMZN (+0.2%) , 112,95 € (🔽 -0,15%)

🟥 Most traded $AMZN (+0.2%) , 112,95 € (🔽 -0,15%)

🟥 S&P500, 4,096.52 (🔽 -0.47%)

🟥 DAX, 14,223.32 (🔽 -1.54%)

🟩 $BTC (+0.19%) ₿, 28.257,06 € (🔼 +0,35%)

Time: 17:00 CEST

The share's birthday is considered to be March 20, 1602

𝐂𝐡𝐚𝐧𝐜𝐞 𝐯𝐬. 𝐑𝐢𝐬𝐢𝐤𝐨? Trade-off between ambitious tech companies and a strong-regulatory government? The Chinese government is banning an entire industry from making money, and for investors, the question is what next? China is known for its tough education system and sense of duty, which makes education and thus e-learning a high priority in the Chinese market. According to iiMediaResearch and iResearch, e-learning revenue exceeded $60 billion in 2020, and the Corona crisis has pushed the e-learning market up to a 100 billion valuation. 𝐃𝐨𝐜𝐡 𝐆𝐞𝐥𝐝 𝐥ä𝐬𝐬𝐭 𝐬𝐢𝐜𝐡 𝐣𝐞𝐭𝐳𝐭 𝐝𝐨𝐫𝐭 𝐤𝐚𝐮𝐦 𝐯𝐞𝐫𝐝𝐢𝐞𝐧𝐞𝐧, as over the weekend the Chinese government reformed or away-regulated and announced to take away the business basis of e-learning platforms. According to this, companies that teach school curriculum programs are no longer allowed to make profits or go public. Furthermore, children under the age of 6 may no longer be taught at all and the programs must be discontinued.

News regarding economic intervention must always lead to a re-evaluation of one's portfolio. In the short term, many investors remain in the dark and the confidence to make money with China stocks, especially in the tech sector, has definitely disappeared. We do not like the interventions at all, of course, nevertheless, the strong correction can be used at the moment for optimistic investors and enter the Chinese market countercyclically. 𝐖𝐢𝐞 𝐛𝐞𝐰𝐞𝐫𝐭𝐞𝐭 𝐢𝐡𝐫 𝐝𝐞𝐧 𝐜𝐡𝐢𝐧𝐞𝐬𝐢𝐬𝐜𝐡𝐞𝐧 𝐌𝐚𝐫𝐤𝐭? 𝐒𝐞𝐢𝐝 𝐢𝐡𝐫 𝐢𝐧 𝐜𝐡𝐢𝐧𝐞𝐬𝐢𝐬𝐜𝐡𝐞 𝐓𝐢𝐭𝐞𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐞𝐫𝐭 𝐮𝐧𝐝 𝐰𝐞𝐧𝐧 𝐣𝐚 𝐰𝐢𝐞 𝐛𝐞𝐰𝐞𝐫𝐭𝐞𝐭 𝐢𝐡𝐫 𝐝𝐢𝐞 𝐚𝐤𝐭𝐮𝐞𝐥𝐥𝐞𝐧 𝐌𝐚ß𝐧𝐚𝐡𝐦𝐞𝐧?

A small video recommendation can be found here from CNBC, who conducted an interview with John Rutledge (Safanad Chief Investment Strategist):

https://www.youtube.com/watch?v=vsJnITbNpFU