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Synthetic Spider Silk Market Size to Reach $7 02 Billion by
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CLIMATE FOCUSED HOLDING FIRM OFFERS RARE OPPORTUNITY
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中国民間教育業界、新規制で「深刻な悪影響」予想 株価急落
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Chinese stocks slump as Beijing cracks down on tutoring firms
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Chinese Tutoring Firms Extend Plunge as Beijing Cracks Down
Jeanny Yu, Bloomberg News BC-Chinese-Tutoring-Firms-Extend-Plunge-as-Beijing-Cracks-Down , Jeanny Yu
(Bloomberg) A selloff in Chinese private education companies accelerated after Beijing announced reforms that rendered them âun-investable,â according to analysts.
New Oriental Education & Technology Group Inc. plunged as much as 40%, extending Fridayâs record 41% fall and after its U.S. traded shares dropped 54%. It warned in a Monday stock exchange filing that the regulations will have a material adverse impact on the company. Koolearn Technology Holding Ltd. tumbled as much as 35%, while China Maple Leaf Educational Systems Ltd. dropped 16%.
Chinese regulators on Saturday published reforms that will fundamentally alter the business models of private firms teaching the school curriculum, as Beijing aims to overhaul a sector it says has been âhij