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China Crackdown Rocks Investors: Everybody s in th

The crash in tutoring stocks that began on Friday spread this week across the tech sector and beyond, after authorities confirmed reports they would ban a swathe of the education industry from making profits. It’s the government’s most extreme step yet to rein in private businesses that regulators blame for exacerbating inequality, increasing financial risk and in the case of some tech titans –- challenging Beijing’s authority.With losses in Chinese tech and education stocks now exceeding $1 trillion since February, the questions reverberating across trading desks from Shanghai to New York are where regulators might strike next and whether markets are properly discounting regulatory risk. Property-management and food-delivery companies were among the biggest losers on Monday after Beijing signaled tighter rules for both sectors.

Tencent suspends WeChat user registrations amid Chinese tech turmoil, Naspers and Prosus bleed

Tencent suspends WeChat user registrations amid Chinese tech turmoil, Naspers and Prosus bleed
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

Beijing crackdown sparks record slide in US-listed China stocks | Business and Economy News

Beijing crackdown sparks record slide in US-listed China stocks | Business and Economy News
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

Why China Is Cracking Down Now on After-School Tutors

Why China Is Cracking Down Now on After-School Tutors
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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