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It hit its all-time low of $7.02 on July 27, 2021, in part because that month the Chinese authorities stepped up restrictions on the education industry. China’s crackdown on Big Tech platforms and internet content continues.
Furthermore, U.S.–China tensions will likely continue through 2022, impacting DAO. Also, because it could also soon dispose of its AST business amid increased regulations, its near-term prospects look.
