--FILE--Vue d'un nouveau monde de l'éducation RYB la maternelle dans la ville de Xiamen, dans le sud-est de la province de Fujian en Chine, 29 novembre 2017. Actions d'éducation RYB
--FILE--View of a RYB Education New World kindergarten in Xiamen city, southeast China's Fujian province, 29 November 2017. Shares of RYB Education Inc. dropped more than 50 percent in less than three minutes this morning in New York after a detailed policy document regarding Chinese education reform was released by the State Council. The initiatives aim to "prioritize affordable schooling" and "banned all private kindergardens from selling shares to the public either by themselves or as part of asset packages, " a statement said. Also, publicly listed companies are not allowed to invest in private kindergartens through share sales or cash injections under the new policy, according to the report. In the announcement, the officials stressed that preschool education was a social public welfare, which is an important and inseparable part of the national education system. Thus, it should be available and affordable to every student, they said. In turn, local authorities were told to limit the numbers of high-cost, private kindergardens and to strengthen the supervision of these private schools to ensure that no students were charged excessive fees.