Authorities recently warned that if the private tutoring industry was allowed to develop unchecked, it would form ‘another education system’ outside the national education system. Photo: Shutterstock Authorities recently warned that if the private tutoring industry was allowed to develop unchecked, it would form ‘another education system’ outside the national education system. Photo: Shutterstock
Authorities recently warned that if the private tutoring industry was allowed to develop unchecked, it would form ‘another education system’ outside the national education system. Photo: Shutterstock

China stocks: New Oriental, TAL Education scrap earning releases, media calls amid regulatory storm

  • Two major Chinese tutoring firms have cancelled their upcoming earning events, citing ‘regulatory developments’
  • Beijing’s intensified crackdown on off-campus tutoring triggered a huge sell-off in Chinese education stocks

Topic |   China education
Authorities recently warned that if the private tutoring industry was allowed to develop unchecked, it would form ‘another education system’ outside the national education system. Photo: Shutterstock Authorities recently warned that if the private tutoring industry was allowed to develop unchecked, it would form ‘another education system’ outside the national education system. Photo: Shutterstock
Authorities recently warned that if the private tutoring industry was allowed to develop unchecked, it would form ‘another education system’ outside the national education system. Photo: Shutterstock
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