During the Hong Kong stock bidding phase, education stocks fluctuated sharply. After the market on November 15, the State Council issued new preschool education regulations. The opinion was clear.No private park is allowed to be listed separately or as part of an asset package. Listed companies are not allowed to invest in for-profit kindergartens through stock market financing, and are not allowed to purchase for-profit kindergarten assets by issuing shares or paying cash.

As of press release, Tianli Education led the decline by 32%.

》》》Interpretation by CITIC Construction Investment: Public kindergartens must be the direction of vigorous development, and the development of high-end private kindergartens may be limited

》》》Attached:Some Opinions of the State Council on Deepening the Reform and Standardization of Preschool Education (full text)