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U.S.-listed China education stocks tumble again as Beijing makes industry crackdown official - MarketWatch

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Beijing’s crackdown on education got Wall Street’s attention anew on Monday, with more downgrades for U.S.-listed shares as analysts tallied up damages.

On Friday, J.P. Morgan cut shares of New Oriental Education & Technology Group EDU, TAL Education Group TAL and Gaotu Techedu GOTU, after media reports that the Chinese government is considering new regulations concerning after-school tutoring services.

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July 26, 2021 at 10:13PM
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U.S.-listed China education stocks tumble again as Beijing makes industry crackdown official - MarketWatch
Business - Latest - Google News
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