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Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn's HK shares had surged 684% in just nine trading sessions through June 16 (Bloomberg)


Bloomberg:

Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn’s HK shares had surged 684% in just nine trading sessions through June 16  —  Tencent Holdings Ltd. slashed its stake in a Chinese education technology firm that staged an eye-watering rally in the past two weeks …

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