News for China East Education Holdings Limited (0667.HK)

By Teri Yu  Vocational educator China East Education Holdings Ltd. (0667.HK) last year enrolled legions of Chinese looking to boost their skills in a slowing domestic economy, even as that same economic slowdown pressured its own tuition income.

Key Takeaways: China East Education returned to revenue growth in the first half of 2023, but its profit fell as its costs increased more quickly The company’s shares have lost more than half of their value this year as investors worry that China’s economic uncertainty could dampen demand for vocational education services

Key takeaways: China East Education has revealed it could take as long as 10 years to spend $233 million in remaining funds from its 2019 IPO ea...