Chinese high school students prepare for exams. The country’s market for educational services such as tutoring could be worth as much as US$461 billion by 2020. Photo: EPA

Shares in Chinese education firms fall in wake of Muddy Waters’ attack on TAL Education

TAL calls the short seller’s accusation that it inflated profit ‘unsupported speculation’

Topic |   Short selling

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Chinese high school students prepare for exams. The country’s market for educational services such as tutoring could be worth as much as US$461 billion by 2020. Photo: EPA
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