Mid-Autumn consumption approaches pre-pandemic level globaltimes.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globaltimes.cn Daily Mail and Mail on Sunday newspapers.
Peking (ots/PRNewswire) - Autohome Inc. (2518.HK/ATHM.US) hielt am 15. September 2021 seinen Investorentag 2021 in Peking ab. An dieser Veranstaltung nahmen Investoren und Analysten von Morgan Stanley
China Tourism snubs US banks ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
The government s continued efforts to develop the high-end manufacturing industry and the sports sector imparted momentum to the A-share market on Wednesday.
The policy also prohibits those businesses from offering classes on weekends, holidays, summer and winter breaks effectively allowing tutoring only on weekdays with a limited number of hours.
The scale of the crackdown is far beyond expectations, said Alan Wang, an analyst covering education at Beijing-based asset manager Harvest Fund Management.
The industry was preparing for some regulations, but it didn t expect an order for restructuring that included a ban on public listings, making the sector basically not investable, he said in Mandarin, according to a CNBC translation.
Some parents will still pay up for tutoring courses they can find, sending costs higher, he added.