Shares of China-based education companies took a beating in Friday, amid media reports that the Chinese government is mulling new regulations concerning after-school tutoring services.
The stock price of New Oriental Education & Technology Group (NYSE: EDU) fell by over 40% pre-market. This is why it happened.
New Oriental is likely to face continued pressure from regulatory reform in the private education sector. The company, along with the private educational sector, is at the mercy of Chinese politicians
New Oriental Education: Small Risk With Big Payoff
The Chinese for-profit education company got more than detention from state regulators.
Investors need to pay close attention to New Oriental Education (EDU) stock based on the movements in the options market lately.
Double-digit losses were not uncommon in the space.
The Chinese government continues its crackdown on private tutoring companies.
China Online Education: Exaggerated Sell-Off Provides An Opportunity
Embattled sector braces for reckoning day in September when all private educators will be required to have government licenses. China East Education's rally owes to its newly announced share buyback,
Alibaba Group Holding Ltd – ADR (NYSE:BABA) and New Oriental Education & Tech Grp (NYSE:EDU) shares are volatile Tuesday afternoon amid regulatory concerns. Chinese regulators suggested the vehic
Investors shouldn't put too much faith in Wall Street's estimates for these companies. All three face unpredictable regulatory challenges.
The Chinese government crackdown on the private tutoring sector could be imminent.
The Chinese government's crackdown on private tutoring is imminent.

EDU Stock Price Falls Over 7%: Why It Happened

10:57am, Wednesday, 16'th Jun 2021
The stock price of New Oriental Education & Technology Group Inc. (NYSE: EDU) fell by over 7% during intraday trading this morning. This is why it happened.
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