專欄詠竹坊

Fenbi scores earnings success from civil service exam boom

The supplier of vocational training and exam tutoring has strengthened its market presence with an average of 9.2 million monthly active users in the first half of the year.

This article only represents the author's own views.

China’s weakening economy has pushed youth unemployment rates to record levels, but the dark cloud came with a silver lining for one business sector: vocational training.

Customers are flocking to adult education providers such as Fenbi Ltd. (2469.HK), looking for help to pass the rigorous civil service exam that is seen as a ticket to a stable government job.

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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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