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Liaoning high court upholds death sentence for Canadian drug smuggler

The high court in Liaoning province rejected the appeal of a Canadian drug smuggler and upheld his death sentence on Tuesday.

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Court upholds death sentence for man in drug trafficking case

Court upholds death sentence for man in drug trafficking case
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Sina Weibo , Robert Lloyd Schellenberg , Liaoning High People Court , Dalian Intermediate People Court , Liaoning High People , Dalian Intermediate People , Chinese Twitter Like , ராபர்ட் லாயிட் ஸ்கெல்லன்பெர்க் , டேலியன் இடைநிலை மக்கள் நீதிமன்றம் , டேலியன் இடைநிலை மக்கள் , சீன ட்விட்டர் போன்ற ,

Chinese education tycoon loses $15 billion as company shares plunge 98%

Chinese education tycoon loses $15 billion as company shares plunge 98%
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Catherine Lim , Yu Minhong , Larry Chen , Zhang Bangxin , Exchange Commission , Education Technology Group Inc , Education Group , Tiger Global Management To Temasek Holdings Pte , Gaotu Techedu Inc , Bloomberg Billionaires Index , Chinese Twitter Like , New Oriental Education , Technology Group , Chairman Yu Minhong , New Oriental , Bill Hwang , Archegos Capital , Carson Block , Muddy Waters , Tiger Global Management , Temasek Holdings Pte , Bloomberg Intelligence , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் ,

Chinese Education Tycoon Loses $15 Billion as Shares Plunge 98%

Chinese Education Tycoon Loses $15 Billion as Shares Plunge 98%
Venus Feng, Bloomberg News
BC-Chinese-Education-Tycoon-Loses-$15-Billion-as-Shares-Plunge-98%
, Venus Feng
(Bloomberg) Larry Chen, the former school teacher who became one of the worldâs richest people, has lost his billionaire status as China cracks down on its private education sector.
Chen, the founder, chairman and chief executive officer of Gaotu Techedu Inc., is now worth $336 million, according to the Bloomberg Billionaires Index, after shares in his online-tutoring firm plunged by almost two-thirds in New York trading on Friday on reports of the regulatory overhaul.
On Saturday, China released new regulations that ban companies that teach school curriculums from making profits, raising capital or going public. Itâs the latest blow for Chen, who has shed more than $15 billion in wealth since late January as Gaotuâs stoc ....

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Didi Plunges Below IPO Price as China Expands Crackdown

China’s State Council issued a sweeping warning to China’s biggest companies, vowing to tighten oversight of data security and overseas listings. That announcement followed the opening of a security review by China’s internet regulator last week and a demand for app stores to remove Didi.
Didi’s American depositary shares fell 20% to $12.49, wiping out about $15 billion of market value and taking the stock below the $14 price from its initial public offering. Beijing-based Didi controls almost the entire ride-hailing market in China and raised $4.4 billion last week in the second-largest U.S. IPO for a Chinese firm.
The State Council’s broadside marked an escalation in President Xi Jinping’s campaign to bring the nation’s technology firms and their reams of valuable data under control. Over the weekend, China also moved against two other companies that also recently listed in New York, Full Truck Alliance Co. and Kanzhun Ltd., Ltd. ....

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