Goldman Sachs downgrades Chinese education stocks on prediction market will 'shrink significantly'

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New for subscribers: Goldman Sachs downgrades Chinese education stocks on prediction market will 'shrink significantly'. Check out CNBCPro today.

Xinhua bookstore staff sort out the new semester textbooks. Handan city, Hebei Province, China, 24 August 2020.Goldman Sachs downgraded three U.S.-listed Chinese education stocks Monday on expectations new regulation will slash the after-school tutoring market by tens of billions of dollars.

 

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Pro Michael Burry Warns Retail Traders About the 'Mother of All Crashes'

Pro Per WarrenBuffett INTRINSIC VALUE formula, based on 2020 annual reports, China's tech giants such as $BABA and $BIDU are significantly overvalued by 2336% and 1,519% compare to IntrinsicValue!!! Do you think other Chinese stocks are not significantly overvalued?

Pro Goldman downgrades China education stocks after a 95% fall in share prices. Now that is advice I am prepared to pay for.

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