XJ International gets lesson on perils of zero-coupon bonds
The vocational educator said holders of its zero-coupon convertible bonds due in 2026 are asking for a permitted early redemption Key Takeaways: Holders of all of XJ International’s $315 million…
Mynd.ai turns new page with completion of U.S. backdoor listing
The former education business of gaming company NetDragon hopes to entice investors with its rollout of software services next year for its classroom-based educational hardware panels Key Takeaways: Mynd.ai has…
China Education Group’s goodwill impairment offers lesson in how to spook investors
China's largest privately-owned vocational educator posted double-digit revenue growth in its latest fiscal year, but also a rare profit decline Key Takeaways: China Education Group’s profit fell in its latest…
iHuman moves through economic uncertainty in robotic holding pattern
The provider of educational products and services for children reported just 4.5% revenue growth in the second quarter, but its profit nearly doubled on reduced R&D spending Key Takeaways: iHuman’s…
NetDragon wows investors with its ‘Tale of Two Cities’
The gaming and education company’s interim results are a lot like the famous Charles Dickens novel, including a feel-good ending to the story Key Takeaways: NetDragon’s revenue declined 13% in…
Youdao gets boosts from AI, patient parent
The education products and services provider returned to revenue growth in the second quarter, and got a three-year extension on debt owed to its parent set to mature next March…
Hope Education scraps stalled acquisition – but is that good or bad?
Shares of China’s second largest vocational educator were largely unchanged after it terminated an asset shuffle between two subsidiaries with no explanation Key Takeaways: Hope Education terminated a nearly 2-year-old…
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