Neusoft Education Tech kicks off HK$1bn IPO

By Jonathan Breen
18 Sep 2020

Neusoft Education Technology, a Chinese private higher education provider, hit the road with its Hong Kong IPO this week, aiming to raise HK$1.04bn ($133.8m).

Sole sponsor CLSA, leading an eight-strong syndicate, kicked off bookbuilding for the deal on Thursday. The issuer is floating 166.7m shares, which are on the table at HK$5.18 to HK$6.22.

Neusoft specialises in information technology higher education and is an affiliate of Neusoft Corp, the first software ...

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