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The latest update is out from China Vocational Education Holdings Limited ( (HK:1756) ).
China Science and Education Industry Group Limited announced its intention to explore converting its three schools into for-profit private schools, following recent approvals for similar conversions by other non-profit private schools. The company is assessing local regulations and potential impacts of this conversion, noting that it does not anticipate additional land costs due to previous acquisitions. This strategic move is seen as beneficial for the company and its shareholders.
The most recent analyst rating on (HK:1756) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on China Vocational Education Holdings Limited stock, see the HK:1756 Stock Forecast page.
More about China Vocational Education Holdings Limited
China Science and Education Industry Group Limited, formerly known as China Vocational Education Holdings Limited, operates in the education sector, focusing on managing private schools. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,161,714
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.12B
Find detailed analytics on 1756 stock on TipRanks’ Stock Analysis page.