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

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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 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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