The rumor is confirmed! The “double reduction” document for the regulation of the education and training industry has been implemented
The “double reduction” document (document No. 40 issued by the China Office of China) on the regulation of the education and training industry has been officially implemented. Caixin quoted staff from local education departments at the municipal level in Beijing and other places as confirming that relevant documents have been received and supervision work is being carried out based on them.
$New Oriental(EDU.US$
$TAL Education(TAL.US$
$Gaotu Techedu(GOTU.US$
$New Oriental(EDU.US$
$TAL Education(TAL.US$
$Gaotu Techedu(GOTU.US$
![The rumor is confirmed! The “double reduction” document for the regulation of the education and training industry has been implemented](https://ussnsimg.moomoo.com/16270338439173-71574071-web-8f00b204e9800998.png/bigmoo)
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cherrycc : What will happen to the stocks we hold if delisted?
hoseh : If this policy comes out, the rise may not be that fast