{"id":4797,"date":"2021-03-30T13:00:11","date_gmt":"2021-03-30T13:00:11","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=4797"},"modified":"2021-03-30T13:00:11","modified_gmt":"2021-03-30T13:00:11","slug":"archegos-meltdown-how-a-series-of-unfortunate-events-dragged-down-a-chinese-tutoring-firms-shares","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=4797","title":{"rendered":"Archegos meltdown: How a series of unfortunate events dragged down a Chinese tutoring firm\u2019s shares"},"content":{"rendered":"<p>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\u2019s rising scrutiny over off-campus training. The Chinese company\u2019s 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\u2026<a href=\"https:\/\/www.scmp.com\/tech\/article\/3127661\/archegos-meltdown-how-series-unfortunate-events-dragged-down-chinese-tutoring\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":4798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/4797"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4797"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/4797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/4798"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4797"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}