Why New Oriental Education, TAL Education, and Daqo New Energy Stocks All Dropped Today
Wednesday was not the best day to own Chinese stocks, as rumors of a change in stimulus policy sent shares of education companies New Oriental Education & Technology Group (NYSE: EDU) and TAL Education Group (NYSE: TAL), down 14% and 11.6%, respectively.
Shares of Daqo New Energy (NYSE: DQ), a Chinese producer of materials for solar panels, weren't particularly healthy either, down 10.9%.
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Source Fool.com
