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Beijing’s Crackdown Triggers Fallout In US-Listed Chinese Stocks

Beijing's Crackdown Triggers Fallout In US-Listed Chinese Stocks

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The fallout from Beijing’s crackdown on Chinese education stocks listed in the U.S. triggered plummeting values following the curtailing of foreign investments, CNBC reported on Friday (July 23). Stocks from China that were listed in the U.S. plunged following reports of a crackdown by Chinese tech-sector government officials mandating the prohibition of outside backers.

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