Jakarta, CNN Indonesia — Businessman study guidance could lose US$120 billion or equivalent to Rp1,740 trillion (assuming an exchange rate of Rp14,500 per US dollar) due to the new rules China which prohibits tutoring or private tutoring for core school subjects. Quoted from Reuters, this rule triggered a massive sell-off of tutoring company shares traded on the Hong Kong and New York stock exchanges. Bimbel New Oriental Education & Technology Group and Koolearn Technology Holding Ltd are two of the companies that will be affected by China’s new policy. The move triggered massive stock declines on the Hong Kong and...