News International

Latest News & Views

Alibaba

Meituan and Tencent continue to plunge as China expands its crackdown

New Oriental Education & Technology Group Inc. headquarters in Beijing, China, on May 31, 2019. Shares of New Oriental Education & Technology Group Inc. (New Oriental), a leading provider of private educational services in China, soared on Tuesday after the company reported quarterly revenue and next-quarter guidance that topped analysts' expectations. Imaginechina/AP

3 min read

Latest

Meituan and Tencent continue to plunge as China expands its crackdown

international July 27, 2021

Meituan dropped 16% in Hong Kong on Tuesday, eclipsing Monday’s massive 14% loss — making it the...