BRIEF: China New Higher Education’s profit inches up in first half of fiscal year
Vocational educator China New Higher Education Group Ltd. (2001.HK) on Tuesday reported its revenue rose 2.6% to nearly 1.5 billion yuan ($219 million) in the six months to March, the first…
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%…
BRIEF: Tianli International buys back shares as chairman boosts stake
Education services provider Tianli International Holdings Ltd. (1773.HK) said on Sunday that Chairman Luo Shi acquired 3.8 million of the company’s shares in the open market last Friday, representing about…
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…
BRIEF: Fenbi partners with Huatu on exam prep services
Vocational education platform Fenbi Ltd. (2469.HK) said on Sunday it has signed an agreement with Huatu Cendes (300492.SZ) to explore collaboration in recruitment examination preparation services. Fenbi said potential cooperation…
BRIEF: Able Digital jumps in Hong Kong trading debut
Shares of digital teaching and learning solutions provider Shanghai Able Digital Science & Tech Co. Ltd. (2687.HK) jumped in their Hong Kong trading debut on Monday, as the company raised…
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?