- On August 18, major US stock indices closed lower, with the Nasdaq Composite falling 1.33 %, the S&P 500 dropping 0.69 %, and the Dow Jones losing 0.22 %.
- Among major Chinese concept stocks, Adagene rose 5.74 % with a turnover of 1.33 million USD, and Lufax gained 5.52 % with a turnover of 1.96 million USD.
- Conversely, VNET declined by 16.92 % on a turnover of 1.1 billion USD, and Baidu decreased by 12.73 % with a turnover of 1.5 billion USD.
- TAL Education Group insider Alex Zhuangzhuang Peng sold 30,000 shares of stock on August 3rd for a total value of $368,400.00.
- The transaction reduced the insider's direct ownership by 66.45 %, leaving him with 15,144 shares valued at $185,968.32.
- The stock sale was publicly disclosed through a regulatory filing with the Securities & Exchange Commission.