- OneSmart says its board has approved a halt in operations for all of its education programs and learning centers in China.
- Chinese education stocks are dividing into two camps of above and below $1, with day traders emerging as the driving force for the latter.
- We’ve previously said that stock buyers who can predict who is best-positioned to survive the current cleanup could profit handsomely, since most of China’s after-school education stocks are now trading at or near all-time lows.
For further details see:
Education Cleanup Claims First Victim As OneSmart Halts Most Operations