Zhitong Financial APP learned that Chinese Education Holdings (00839) fell more than 6% in the afternoon and fell 5.39% to HK $5.09 as of press time, with a turnover of HK $79.1209 million.

On the news side, MSCI announced the results of semi-annual index adjustment. In this adjustment, the MSCI China Index removed 44 Chinese stocks, including Zhongjiao Holdings. It is worth noting that China Education Holdings transferred to the MSCI China small cap index. The changes will take effect after the market closes on May 31.

In addition, strong regulation of educational APP continues. On May 9, the Beijing Municipal Education Commission issued a notice on its official website on further doing a good job in the filing and management of educational mobile Internet applications, which is no longer subject to the filing application for front-line training in education, and will be revoked if it has been put on record.