China East Education Shifts Into Conservative Spending Mode

Company discloses a go-slow program for spending $233 million in its coffers earmarked for development of five regional operating centers 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 earmarked for development of five regional centers Company’s conservative spending mode may reflect caution as it awaits results from China’s ongoing overhaul of its private education sector By Doug Young What do you do when the outlook for your industry looks extremely murky due…

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