Aubrey Capital Buys New Oriental Stake

Aubrey Capital Management recently acquired a significant stake in New Oriental Education and Technology Group, valued at nearly $10 million. This investment represents 5% of Aubreys assets under management and is their fifth-largest holding. New Oriental, a Chinese private education services provider, has shown robust growth, with revenue up nearly 20% in the last quarter and net income rising 45% year over year. Aubreys move seems to be a strategic bet on New Orientals operational strength, despite the stock trailing the S&P 500. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ebe75c27e13b1ce5