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…
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…
China East Education returns to growth as short-term enrollments surge
The vocational educator’s revenue grew 4% in the first half of the year, reversing a 14% drop a year earlier when China’s tough Covid-control measures forced many of its schools…
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…
China Education Group seeks to jumpstart growth with resumed M&A
The vocational school operator has recently raised funds to expand its network, as its growth slowed in the first half of its latest fiscal year Key Takeaways: China Education Group’s…
Vocational Focus Lets Minsheng Education Thrive Amid Crackdown
The company has benefited from a slew of government policies supporting private investment in the vocational sector, even as K-12 educators suffer from a major crackdown Key Takeaways: Minsheng Education…
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