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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Chinese small-cap stocks plunged due to new regulatory guidelines tightening oversight, leading to a sell-off. Market slump affects trading commissions as limits on research analyst publications increase. Chinese companies face challenges with margin calls, defaults, and reduced investor interest in education sector due to regulatory changes.
Overseas investors more optimistic about Chinese market after a series of regulatory initiatives https://t.co/haGgRmRP6L https://t.co/2ZBrjBaPkR
🇨🇳 Hedge Funds Cry Foul Over Chinese Education Firm’s Default – Bloomberg https://t.co/QDTYcsGjxd https://t.co/eTzIuu4Wzm
Investor interest in China’s education industry has plunged since the 2021 tutoring clampdown has eliminated many companies’ major revenue streams. Education firms secured just 52 deals worth 3.2 billion yuan in 2023, forcing many to venture overseas. https://t.co/r37xWzqBSF https://t.co/5ecfxavdyD
