• Major Domestic Listed Educational Companies

    by Star

    To date, more than 15 Chinese education companies have gone public in overseas capital markets. Among them, the ones listed on U.S. stock exchanges include New Oriental, Tomorrow Advancing Life, Tarena International, Inc., Hailiang Education, China Distance Education Holdings Ltd., China Distance Education Holdings Ltd. (CDEL), ATA, 51Talk and Bright Scholar. The ones that have gone public in Hong Kong include Maple Leaf Education, Yuhua Education, Virscend Education, Wisdom Education, Minsheng Education and China New Higher Education Group. In China’s domestic market, many listed companies are entering the education market through mergers and acquisitions (M&A).

  • China Education Industry Overview

    by Star

    From 2017 to now, 10 Chinese-funded education enterprises have gone public in the United States or in Hong Kong. In 2017, Bright Scholar, RYB Education, Rise Center and Four Seasons Education were successfully listed on U.S. stock market exchanges. Ambow Education also submitted a prospectus for its intended initial public offering (IPO) in the United States.

  • China’s Education Market Is Witnessing Active Overseas M&A

    by Star

    According to the Frost & Sullivan research report, in spite of its large market size, China’s private basic education market is still featured by extremely low industry concentration. At present, annual revenue of the domestic listed K-12 educational institutions providing basic education is generally around 1 billion yuan. Take kindergarten as an example. In 2016, there were a total of 223,700 kindergartens nationwide. Among them, the proportion of private ones is as high as 65.44 percent. However, the top 20 education groups only account for less than 3 percent market share.