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Exchanges Quiz ‘Crossover’ Firms That Jumped Into Hot Education Sector

2020年06月24日 21:07 来源于 财新网
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One listed building materials firm is facing questions over the sale of its preschool businesses to a company controlled by its top executives
Overpriced and underdelivering, multiple education companies are being questioned by the Shenzhen and Shanghai Stock Exchanges over irregularities in their financial reports.

They jumped into the education business while it was hot.

But now, a string of listed so-called “crossover” companies that went from making concrete and white goods to providing preschool education services are facing scrutiny from Chinese bourses over performance issues and financial irregularities.

版面编辑:喻竹杨洋

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