Chinese private education operators push ahead with IPOs as tighter rules loom

Source: South China Morning PostChinese tutoring and higher education operators are preparing to kick off their offshore initial public offerings before Beijing implements tighter regulations on the burgeoning off-campus education market, according to bankers.Zhangmen Education, an online one-on-one tutoring group focusing on K-12 (kindergarten to 12th grade) students, is targeting about US$500 million through an IPO on the New York Stock Exchange. South China Vocational Education Group, which offers private junior college…Read More

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