News Snapshot:
Greenwoods Asset Management Hong Kong Ltd. purchased a new position in shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 707,820 shares of the company’s stock, valued at approximately $5,797,000. Several other hedge funds have also recently bought and sold shares of the company. Davis Selected Advisers lifted its stake in New Oriental Education & Technology Group by 1,021.1% in the 1st quarter. Davis Selected Advisers now owns 70,536,201 shares of the company’s stock worth $987,507,000 after purchasing an additional...
