Before we move to the company, you should know what the stock market is. A stock market is where buyers and sellers come together to buy and sell shares in the market. Subsequently, it is the gathering spot of the stock purchasers and merchants. India’s headstock trades are one of which is the Bombay Stock Exchange. They are also called the share market or equity market. You can consider the stock as an ownership of some parts of the company.

The tuning about using your resources into the stock exchange is serious. Either you could win it all or lose it all. However, when drawn nearer in a trained way, it is seen to be the best way to make some money, hence why we see many upcoming millionaires. Lixiang Education Holding Co., Ltd. works as a holding organization. The company, through its auxiliaries, gives private essential and auxiliary training administrations. Lixiang Education Holding serves understudies in China.

Overview of NASDAQ: LXEH

First foreseen to open up to the world on Wednesday alongside three other Chinese organizations, Lixiang made its introduction on the principal day of October, raising $31 million.

Established in 2001, NASDAQ: LXEH at was among the best ten non-public school administrators in Zhejiang Province regarding understudy enlistments for the 2019-2020 school year, as indicated by Frost and Sullivan research referred to in its plan.

Lixiang was established to create disconnected grounds for essential, center school, and secondary school understudies, including government, affirmed educational plan programs. It is an organization run by a husband and a wife in China. The products of companies include smart EVs and the lavish electric SUV’s. It is involved in the automotive, vehicle, and transportation trade.

What’s the Price of the company today?

It believed that the market cap is 0.00 dollars that are Sub Micro Cap stock

  • As per a 2019 statistical surveying report by Research And Markets, the market for Chinese training at all levels is conjecture to reach $573 billion by 2023.
  • This speaks to a conjecture of an amazing CAGR of 11.3{ae514a3737d85ea64aeb2cb88bf523835c3e1315e3b3c65ffee7dd6cf13b9d2b} from 2018 to 2023.
  • Additionally, expanded interest for online training alongside the development of a two educator model in lower-level urban areas will accommodate expanded instructive achievement.
  • This normal development’s primary drivers are an expanding metropolitan populace, developing optional salary, expanded government spending on training, and developing broadband selection.

However, as of now, NASDAQ: LXEH has faced a loss bad has shifted to other Chinese companies like that had to face a loss.  You can check more stocks like NASDAQ: BYND at before investing.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

By palmora