Source: South China Morning PostGSX Techedu, a Beijing-based education firm that raised US$200 million on the Nasdaq in 2019, has become one of the most dramatic casualties of a massive sell-off by the family office of Tiger Asia Management founder Bill Hwang Sung-kook, as it grapples with China’s rising scrutiny over off-campus training. The Chinese company’s share price fell 52 per cent in the past two trading days, on Friday and Monday, after a series of margin calls involving Archegos Capital Management. While a slew of…Read More