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

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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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