Since late last week, there was an interesting development in Chinese stocks, and for Singapore retail investors invested in listed Chinese private education companies, it was hell. China stocks tumble in ‘panic selling’ amid education crackdown (read here) To quote the above article: “Chinese regulators on Saturday published reforms that will fundamentally alter the business model of private firms teaching the school curriculum, as Beijing aims to overhaul a sector it says has been “hijacked by capital“. The new regulations ban firms that teach school curriculums from making profits, raising capital or going public. Friday was already a bloodbath for the sector in both Hong Kong and the US, after a leaked document circulated on social media.” I do know much about the Chinese education system, much less the salary of professors or private educators there. However, a brief search online revealed that the average monthly salary of professors in a top university...