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Economic Slowdown, Favorable Policies Boost Two Vocational Educators

China Education Group and China New Higher Education posted 25-30% revenue growth for their latest fiscal years through August

This article only represents the author's own views.

A “perfect storm” of factors has combined to boost China’s vocational education sector, including strong government support and a slowing economy that is pushing more young adults to postpone job hunting in favor of continued education.

That tide has lifted the country’s private vocational education providers, including China Education Group Holdings Ltd. (0839.HK) and China New Higher Education Group Ltd. (2001.HK), which this week both released results for their financial years through August. Shares of both companies rallied by more than 6% in the two trading days after publication of their latest data, reflecting the broader positive sentiment towards the group.

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詠竹坊(官網鏈接)提供在香港和美國上市的中國企業相關新聞,重點關注中小企業和籌備上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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