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Ex-New Oriental Employees Launch English Exam Prep Site

Sina Tech, 2/17/14

Beijing-based Chuangxin Huoban, a new company established by a group of ex-employees from Chinese education services provider New Oriental (NYSE: EDU), has launched English exam prep website Smartstudy.com, providing online study materials to Chinese users preparing for English-language exams such as the TOEFL, IELTS, SAT, GRE, and GMAT. Read More

Hunan TV & Broadcasting Intermediary Accused of Insider Trading

LMTW, 7/11/11

The Hunan Qiyuan Law Firm has revealed that in its investigation of 1,679 individuals during the six months before Hunan TV & Broadcast Intermediary (000917.SZ) suspended its stock for asset reorganization (i.e., from June 25, 2010 to December 27, 2010), it found that 48 people -- including Yin Zhigang, a relative of general manager Yin Zhike -- had engaged in insider trading. Read More