More trouble for #China Tech: Billions wiped from Chinese education stocks as Beijing bans for-profi

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More trouble for #China Tech: Billions wiped from Chinese education stocks as Beijing bans for-profit investment in tutoring firms. China said comps that offer tutoring on school curriculum cannot go public or raise cap, imposing new set of constraints in $100bn edu tech industry h/t Holger Zschaepitz

More trouble for #China Tech: Billions wiped from Chinese education stocks as Beijing bans for-profi

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