Edvantage to launch $100m listing on Wednesday

education_230px
By Gina Lee
02 Jul 2019

Chinese private higher education provider Edvantge is planning to raise up to $100m from a listing on the Hong Kong Stock Exchange, with bookbuilding set to open on Wednesday.

The IPO’s launch comes on the back of healthy investor interest gathered during pre-deal investor education that started in early June, said a source close to the transaction. The source added that “the [education] sector continues to generate a lot of interest”.

BNP Paribas is the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial