Chinese Companies Are Buying Up Closed Colleges [Forbes]
Ambow Education Holding Ltd. American Depository Shares (each representing twenty (20) Class A Ordinary Shares) (AMBO)
US:NYSE Investor Relations:
mzcan.com/us/ambo/irwebsite
Company Research
Source: Forbes
A woman walks in the lobby of the Cullen Center at Westminster Choir College as sunlight peeks through windows, Saturday, Feb. 4, 2017, in Princeton, N.J. (AP Photo/Julio Cortez) In a higher education environment beset by political controversies , dwindling public trust , soaring costs , and increasing competition from alternatives to college , some schools are struggling to survive. Earlier this year, that Moody's Investor Service announced 11 private colleges a year are closing on average (a number expected to rise), due to major gaps between operating revenue and expenses. When factoring in for-profit schools – a struggling sector hit hard by recent regulations to rein in malfeasance in the industry – more than 100 have closed since 2016 . While those colleges aren't coming back to life, Chinese education companies may revive some campuses, running the purchased schools as new administrators, or creating all new institutions. In March Bloomb
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News
- Global Private Tutoring Market Set to Double to US$ 231.6 Billion by 2032, Driven by Technological Advancements and Rising Educational Standards [Yahoo! Finance]Yahoo! Finance
- Ambow Education to Host Open House at San Diego Campus from April 14-16, 2024 [Yahoo! Finance]Yahoo! Finance
- Ambow Education to Host Open House at San Diego Campus from April 14-16, 2024PR Newswire
- Ambow Education Presents HybriU at ASU+GSV on April 15, 2024 [Yahoo! Finance]Yahoo! Finance
- Ambow Education Presents HybriU at ASU+GSV on April 15, 2024PR Newswire
AMBO
Sec Filings
- 3/6/24 - Form 6-K
- 1/29/24 - Form F-6
- 1/29/24 - Form 6-K
- AMBO's page on the SEC website