NEWS WRAP: China East Education’s profit squeezed by low tuition gains
The leading vocational educator’s number of newly enrolled students rose by 13.8% last year, but its tuition revenue rose at just a third of that rate By Teri Yu Vocational…
CHINA BULLETIN: Six New BRICS
In this week’s issue six new BRICS, a booming summer box office and an EV swansong. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
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…
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…
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