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07/23/2021, According to Bloomberg, the Chinese government is considering new regulations governing after-school tutoring services.
According to Bloomberg, the Chinese government is considering new regulations governing after-school tutoring services.
China is considering requesting that tutoring companies become non-profit.
Following those and other reports, the lists of the biggest decliners and most active stocks on major U.S. exchanges were littered with U.S.-traded shares of Chinese education companies.
TAL, the stock of Tal Education Group, fell 70.8 percent to $6.00, its lowest closing price since October 2015. The EDU of New Oriental Education
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By YiAccording to Bloomberg, the Chinese government is considering new regulations governing after-school tutoring services.
China is considering requesting that tutoring companies become non-profit.
Following those and other reports, the lists of the biggest decliners and most active stocks on major U.S. exchanges were littered with U.S.-traded shares of Chinese education companies.
TAL, the stock of Tal Education Group, fell 70.8 percent to $6.00, its lowest closing price since October 2015. The EDU of New Oriental Education