China East Education Suffers Covid Slowdown as New Enrollments Drop
Vocational educator’s revenue slipped 6% in the first half of the year as school closures led to a 12% decline in income from the company’s core cooking classes Key Takeaways:…
Jianzhi Bets on Education Stock Renaissance with New York IPO
Instructional materials provider sets price range and $34.5 million fundraising target a year after first filing for a New York listing Key Takeaways A year after first filing for a…
Hailiang Sees the Writing on the China Blackboard
Private school operator launches privatization bid, setting a potential trend for others remaining in the embattled education sector Key takeaways: A management-led group has offered to privatize Hailiang Education at…
China East Education Shifts Into Conservative Spending Mode
Company discloses a go-slow program for spending $233 million in its coffers earmarked for development of five regional operating centers Key takeaways: China East Education has revealed it could take…
Education Stocks Could Offer Bargains – For Those Who Choose Correctly
Massive selloff saw Chinese educator stocks fall as much as 70% on Friday on fears government could ban them from operating for profit Key points: Latest government ‘opinion’ document could…
Investors Bet on Older, Offline Plays Among Battered Education Stocks
Embattled sector braces for reckoning day in September when all private educators will be required to have government licenses Key points: China East Education’s rally owes to its newly announced…
Expansion or Retreat? Vocational Training Specialist China East Education Looks to Provinces
Privately owned traditional education pioneer shifts plans for IPO funds to focus on less-competitive non-Tier 1 cities Key Takeaways China East Education is shifting its strategy to focus on campuses…
