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Top News In செயலிழக்க செங் ப்ராபர்டீஸ் Today - Breaking & Trending Today

China shares slide as regulatory clampdown spooks investors, education firms dive

Andrew Galbraith
3 minute read
A man wearing a mask walks by the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, February 3, 2020. REUTERS/Aly Song
Summary
CSI300, Hang Seng record lowest closes since Dec 2020
Education index at 16-mth low, real estate sector near 6-yr low
Property, tech, education hit by new regulatory moves
SHANGHAI, July 26 (Reuters) - China and Hong Kong shares fell sharply to their lowest this year on Monday, as investor worries over government regulations battered stocks in the education, property and tech sectors.
The searing sell-off sent Hong Kong-listed Scholar Education Group (1769.HK) shares crashing more than 45%. Hong Kong stocks of New Oriental Education & Technology Group Inc (9901.HK) plummeted more than 47% after the company s U.S. shares lost over half of their value on Friday. The company provides tutoring and test preparation services in China. ....

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China shares tumble on regulatory clampdown; education firms selloff heavily

China shares tumble on regulatory clampdown; education firms selloff heavily
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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China, Hong Kong shares tumble on regulatory clampdowns

China, Hong Kong shares tumble on regulatory clampdowns
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Billionaire Builders Hit Hardest By Hong Kong's Headwinds

Billionaire Builders Hit Hardest By Hong Kong's Headwinds
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Hong Kong Exodus to U.K. Could Be Boon for Developer Far East

Hong Kong Exodus to U.K. Could Be Boon for Developer Far East
Shawna Kwan, Bloomberg News
A demonstrator shows a British National (Overseas) passport as another waves a colonial-era Hong Kong flag during a lunchtime protest at the International Finance Center (IFC) shopping mall in Hong Kong, China, on Friday, May 29, 2020. Hong Kong leader Carrie Lam issued a letter to the city s people asking them to understand and support national security legislation that has sparked the biggest protests since last year and fresh concerns about future autonomy from China. Photographer: Lam Yik/Bloomberg
, Bloomberg
(Bloomberg) Hong Kong property developer Far East Consortium International Ltd. is hoping to capitalize on a potential mass exodus of citizens to the U.K., where it is spearheading a huge urban renewal project. ....

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