Shares of several Chinese companies, including TAL Education Group (NYSE:TAL), are trading lower as investors digest recent economic data. Investors also continue to assess the economic impact of a surge in COVID cases in China.
According to CNN, at least 44 Chinese cities are under either a full or partial lockdown as authorities grapple with curbing the spread of COVID-19. Hong Kong confirmed 747 new coronavirus cases on Sunday as residents stepped out during the long-weekend Easter break after restrictions were eased.
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TAL Education is one of the leading tutoring providers in China.
According to data from Benzinga Pro, TAL Education has a 52-week high of $66.00 and a 52-week low of $1.60.
