Education Cleanup Claims First Victim as OneSmart Halts Most Operations

Board approves ‘the suspension of all of the company’s education programs and learning centers in China,’ according to statement Key takeaways: 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 By Doug Young The bloodbath among education stocks that used to be some of China’s biggest rising stars on Wall Street has claimed its…

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Education Stocks Could Offer Bargains – For Those Who Choose Correctly

Massive selloff saw Chinese educator stocks fall as much as 70% on Friday on fears government could ban them from operating for profit Key points: Latest government ‘opinion’ document could ban private after-school education companies from operating on for-profit basis Policy is likely to meet with industry pushback, and also protest from parents who see it as too extreme By Doug Young 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. The group…

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