|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||4.5500 - 4.5500|
|52 Week Range||3.0000 - 4.6600|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chinese stocks are sinking on regulatory crackdown. Yahoo Finance’s Akiko Fujita and Zack Guzman discuss.
The country confirmed its intention to take drastic steps to restrain the booming after-school tutoring industry, the most recent regulatory assault on the sector.
(Bloomberg) -- China announced a broad set of reforms for private education companies, seeking to decrease workloads for students and overhaul a sector it says has been “hijacked by capital.”The new regulations, released over the weekend, ban companies that teach school curriculums from making profits, raising capital or going public. They can no longer offer tutoring related to the school syllabus on weekends or during vacations. They also can’t give online or academic classes to children under