- This week may look like any other for most people, but it has turned into a sudden life-or-death situation for many of China’s private education companies.
- Among the roughly dozen U.S.-listed Chinese education companies, three of the largest ones took the biggest hits, with TAL Education, Gaotu Techedu, and New Oriental down 71%, 63%, and 54%, respectively.
- One of the groups investors are betting may be most likely to survive the crackdown could be primary school operators.
For further details see:
Education Stocks Could Offer Bargains - For Those Who Choose Correctly