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Is the China Communist Party out to attack China Big Tech?

In the past two weeks, China stocks have been decimated across the world, in particular, their education stocks and their technology stocks. $Gaotu Techedu(GOTU.US)$ has seen its shares plunge from US $149 to US $2.50 in the past 6 months. Other popular tutoring businesses like $New Oriental(EDU.US)$ have also seen a flee of money.

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US, China and HK tech stocks investors
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