Page 9 - நாஸ்டாக் தங்கம் டிராகன் சீனா குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Print Beijing’s sweeping crackdowns on its technology and education sectors have unleashed shock waves across global markets, erasing $769 billion in value from U.S.-listed Chinese stocks over the course of just five months. The Nasdaq Golden Dragon China Index which tracks 98 of China’s biggest companies listed in the U.S. plunged 7% on Monday after regulators in China unveiled an education sector overhaul that bans firms that teach school subjects from making profits, raising capital or going public. That adds to Friday’s 8.5% drop, bringing the gauge’s two-day decline to 15%, its biggest since 2008. “The latest events arguably highlight that the authorities are more willing to upset investors in pursuit of their broader political goals now than they were a few years ago,” Oliver Jones, senior markets economist at Capital Economics, wrote in a note to clients. “It is difficult to say precisely what will happen next on this front, but on balance it seems like t

Hong kongCathie woodOliver jonesBaidu incEducation technology group incEducation groupExchange commissionJpmorgan chase coGaotu techedu incTencent holdings ltdKe holdings incNasdaq golden dragon china indexCapital economicsArk innovationTencent holdingsNew oriental education