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Jul 28 2021, 11:23 AM July 27 2021, 5:51 PM July 28 2021, 11:23 AM (Bloomberg) The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of heavy losses, as investors shunned the assets amid a broad-based crackdown by regulators in Beijing. (Bloomberg) The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of heavy losses, as investors shunned the assets amid a broad-based crackdown by regulators in Beijing. In the span of three trading days, the Nasdaq Golden Dragon China Index which tracks 98 of China’s biggest firms listed in the U.S. has plunged more than 19%, its biggest such drop on record. Stocks included in the index have seen $829 billion in value erased since hitting a record high in February with the benchmark being nearly halved.

New yorkUnited statesHong kongMatt maleyMiller tabakDavid trainerEducation technology groupBaidu incEducation technology group incEducation groupAlibaba group holding ltdGaotu techedu incMeten edtechx education group ltdNasdaq golden dragon chinaNew constructsGaotu techedu