Why Chinese Education Stocks Bounced Back Today

In mid-morning trading Wednesday, shares of New Oriental Education (NYSE: EDU) are rising 8.2%, while 17 Education & Technology Group (NASDAQ: YQ) has gained 13.6%, and Gaotu Techedu (NYSE: GOTU) is up a startling 15.6%.

Does this mean that Chinese education stocks are popular again?

Image source: Getty Images.

Continue reading

Source Fool.com