New Oriental Education & Technology (EDU), Gaotu Techedu (GOTU), TAL Education (TAL) plummeted: Here Are The Reasons

¬†Shares of Chinese educational platforms New Oriental Education & Technology (EDU), Gaotu Techedu (GOTU), and TAL Education (TAL) plummeted amid news of the introduction of new, tougher-than-expected restrictions on the continuing education industry in the PRC. They could be announced next week and take effect in July, Reuters reported, citing sources. Bans will be imposed …

New Oriental Education & Technology (EDU), Gaotu Techedu (GOTU), TAL Education (TAL) plummeted: Here Are The Reasons Read More »