Asia Ex-J Consumer/ Transport analyst

Valerie Law, CFA

Equity Capital Markets

China New Higher Education / Equity Capital Markets

<p>China New University Group (CNU) is one of the four upcoming educational companies to be listed on Hong Kong Stock Exchange. In this insight, we will have a look at the revenue drivers for CNU, and hope to address the following questions:</p><ul><li>Can revenue growth be sustained by student enrolment and fee hikes?</li><li>How feasible are their expansion plans?</li><li>What are the key risks facing CNU?</li><li>At what valuations should CNU trade?</li></ul>

China New University Group (CNU) is one of the four upcoming educational companies to be listed on Hong Kong Stock Exchange. In this insight, we will have a look at the revenue drivers for CNU, and hope to address the following questions:Can revenue growth be sustained by student enrolment and fee hikes?How feasible are their expansion plans?What are the key risks facing CNU?At what valuations should CNU trade?

China New University IPO Preview: Track Record and Focus Attractive

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Virscend Education / Equity Capital Markets

<p>Virscend Education, a South Western China based private education provider, plans to raise US$211-283m through its IPO.</p><p>Virscend's foreign language school (K-12, not the college) in the South West China are of top notch of quality. However, given the rich valuation of the deal, we examine whether the deal's risk reward profile entails participation.</p><h2>IPO Overview</h2><figure class="editor-figure"><img src="https://static-prod.smartkarma.com/images/media/000/004/835/original/termsheet.JPG?1451961449" class="editor-image img-responsive" data-smartkarma-image-id="4835"></figure><h2>Our Thoughts</h2><p><strong>1/ It owns top schools in the South West China.</strong> </p><p>It owns three groups of schools: </p><p>- Chengdu Foreign Languages School (CFLS)…</p>

Virscend Education, a South Western China based private education provider, plans to raise US$211-283m through its IPO.Virscend's foreign language school (K-12, not the college) in the South West China are of top notch of quality. However, given the rich valuation of the deal, we examine whether the deal's risk reward profile entails participation.IPO OverviewOur Thoughts1/ It owns top schools in the South West China. It owns three groups of schools: - Chengdu Foreign Languages School (CFLS)…

China

Virscend Education Company Limited is a K-12 private education company. The Company provides foreign exchange programs, mandates English to be taught, and provides different schools with different focuses.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Virscend Education (1565 HK)

China New University IPO Preview: Track Record and Focus Attractive

China New University Group (CNU) is one of the four upcoming educational companies to be listed on Hong Kong Stock Exchange. In this insight, we...

Valerie Law, CFA

Virscend Edu IPO: Risks Understated

Virscend Education, a South Western China based private education provider, plans to raise US$211-283m through its IPO.Virscend's foreign language...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)