Media outlets are highlighting that the entire tutoring industry could be converted into non-profit entities. For-profit tutoring in the K-9 sector is now banned according to China state media reports
A crackdown on the education industry in China has J.P. Morgan throwing in the towel on U.S.-listed education stocks that have been hammered in the last two sessions.
Tutoring industry stocks plummeted after Chinese officials confirmed a crackdown on after-school education businesses.
CNBC's "Squawk on the Street" team discusses about China's tech crackdown.
The stock price of New Oriental Education & Technology Group Inc (NYSE: EDU) fell by over 25% pre-market. This is why it happened.
Yale's Stephen Roach, who served chairman of Morgan Stanley Asia, believes Beijing's crackdown against U.S.-listed China stocks have major market implications.
What Happened: China has announced a set of regulations that effectively ban the operation of for-profit education companies in the country. The new rules will no longer allow companies that teach sch
What did the stock market do today? It continued to tune into earnings reports, and it watched Chinese stocks tank drastically.
New regulations could decimate China's $100 billion private education industry.
A crackdown on tutoring stocks set off another panic.
Today, Chinese stocks are plummeting as the Chinese government announced further market interventions that investors are viewing negatively. The post TAL, GOTU, EDU: Why Are Chinese Stocks Down Today?
Chinese education stocks are taking a beating on Friday thanks to new restrictions placed on them by their home country's government. The post Chinese Education Stocks: What's Happening With TAL, GOTU
CNBC's Jim Cramer joins the "Squawk Box" team discusses Snap and Twitter earnings, China's tech crackdown, markets and more.

EDU Plummets on Potential Non-Profit Law

10:17am, Friday, 23'rd Jul 2021
The shares of New Oriental Education & Technology Group Inc (NYSE:EDU) are taking a nosedive into penny stock territory, after news broke that China is considering making companies that offer tutorin
CNBC's Eunice Yoon reports on China aiming to cut after-school tutoring costs and how tutoring firms must register on NGOs.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE