HONG KONG : Large Asian hedge funds added Chinese education companies to their portfolios in the first quarter of 2023, and bought stocks in U.S. tech giants expected to benefit from ChatGPT and other artificial intelligence systems, regulatory filings showed. Investors poured money into private tutorin
Investors poured money into private tutoring leaders, including New Oriental and TAL Education, that have come through a near two-year crackdown in China on after-school education. Greenwoods also built a new position in TAL Education by acquiring 2.2 million shares.
