Tianli turnaround fails to sway education-averse investors
The company’s new business model after a government crackdown centers on providing education services to schools, with a growing use of AI Key Takeaways: Tianli International’s net profit rose 21%…
New education segment powers rebuilding New Oriental
Several years after getting clobbered by a government crackdown, the private educator is regaining momentum on its newer education and training businesses Key Takeaways: New Oriental reported its operating profit…
Harrods retreats from Shanghai as private colleges face degree of reckoning
British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?
XJ International learns financial lesson as heavy debt prompts school asset sales
A prolonged downturn in China’s private higher-education sector has weighed heavily on the debt-heavy company, which is selling assets in a bid to survive Key Takeaways: XJ International’s latest asset…
From classroom crackdowns to shifting cabin crews, China adapts to new realities
Vocational educator Hiducation has become one of the few education companies to test the waters in Hong Kong's booming IPO market. Are investors ready to welcome this group again after a bloody crackdown three years ago? And budget carrier Spring Air is rolling out the welcome mat for more senior flight attendants as old as 40. Are other Asian airlines like to follow this "air auntie" trend, and what's behind it?
Fenbi takes defensive action after steep share slide
The provider of exam preparation services is making a series of share buybacks in a bid to bolster confidence, as its business faces mounting competitive pressure Key Takeaways: The company…
Declining revenues, widening losses remove polish from Hiducation IPO
China’s fourth largest online vocational educator is looking for a high-tech boost from AI to jumpstart its business, as it searches for elusive profits Key Takeaways: Hiducation has filed to…