FAST NEWS: Minsheng Education’s profit sinks on expansion costs
The Latest: Chinese vocational educator Minsheng Education Group Co. Ltd. (1569.HK) issued a profit warning last Friday, forecasting its net profit for the first half of this year will drop by about 64%…
FAST NEWS: Fenbi Jumps on Hong Kong Trading Debut
The Latest: Shares of civil service education services provider Fenbi Ltd. (2469.HK) opened at HK$10.50 in their Monday trading debut, 6.1% higher than their IPO price of HK$9.90, which was…
FAST NEWS: Koolearn’s Loss Narrows Amid Transformation, Including Move Into E-commerce
The latest: Online education company Koolearn Technology Holding Ltd. (1797.HK) said its interim loss for the six months through last November narrowed by 19.3% year-on-year to 544 million yuan ($85.9…
Spark Education Launches IPO Into Regulatory Storm
Looming crackdown aimed at easing pressure on students could force online small-class specialist to slash its fundraising plans Key points: Despite its rapid growth, Spark Education’s IPO is likely to…
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