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$TAL Education (TAL.US)$ what happened? why ore-market dropp...

$TAL Education (TAL.US)$ what happened? why ore-market dropped 50%? 🥲
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  • invest noob : On July 23, Hong Kong stocks and online education stocks collectively plummeted, and New Oriental plummeted 41%, the biggest one-day decline in history. Thinking Le Education fell 23%, and Excellent Education Group fell by more than 16%.
    According to the news, the Central Committee of the Communist Party of China and the General Office of the State Council issued “On Further Reducing the Work Burden and Schools of Compulsory Education Students
    https://www.laohu8.com/m/news/1159908922?lang=en_us&invite=ZZ34DF