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This Article is From Jan 02, 2018

Hong Kong IPO Investors Get Best Education Money Can Buy: Chart

(Bloomberg) -- Private school operators dominated the list of top-returning Hong Kong IPOs this year, with the industry contributing three of the five best new listings that raised over $100 million. The No. 1 performer was Wisdom Education International Holdings Co., which runs schools in southern China and has nearly tripled in value since its January debut. Other winners include China New Higher Education Group Ltd., which offers science degrees and has attracted investment from Ping An Insurance (Group) Co.

To contact the reporter on this story: Ben Scent in Hong Kong at bscent@bloomberg.net.

To contact the editors responsible for this story: Ben Scent at bscent@bloomberg.net, Divya Balji

©2017 Bloomberg L.P.

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