One year since Chinese authorities introduced the “Double Reduction” policy, which implemented tight restrictions on tutoring services, investment in the country’s private education industry has sharply declined. However, according to information released on September 15 by investment database ITjuzi, Tencent has continued to invest in education startups in Nigeria, Austria and other overseas markets this year. ...
However, according to information released on September 15 by investment database ITjuzi, Tencent has continued to invest in education startups in Nigeria, Austria and other overseas markets this year.
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In the morning, Education ETF $Bosera CSI Global China Education Theme ETF(QDII)(513360.SH)$rose by more than 2%. The turnover exceeded 39 million, the turnover rate exceeded 6%, and the trading was active.
Education stocks rose collectively, New Oriental online $新東方在線(01797.HK)$ rose nearly 5%, Youdao $ヨウダオ(DAO.US)$ led the rise by more than 8%, TAL $TALエデュケーション(TAL.US)$ and Gaotu Techedu Inc. $ガオトゥ・テックエデュ(GOTU.US)$ rose by more tha...
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