Tiger Pacific Capital Sells $24.48 Million New Oriental Education (EDU)

Tiger Pacific Capital sold all 428,532 shares of New Oriental Education (EDU) for an estimated total of $24.48 million based on a May 15, 2026 SEC filing. The net position change, factoring in price movement, was recorded at $23.58 million. New Oriental's shares closed at $45.79, reflecting a decline of about 3% over the past year, while the S&P 500 increased by approximately 28%. The fund retains a significant position in TAL Education (TAL), valued at $90.71 million, indicating a portfolio shift rather than a negative outlook on New Oriental's business performance.