New Oriental Education Debuts on Hong Kong Markets, Shares Surge on First Day
Chinese private education giant New Oriental Education & Technology Group (NYSE: EDU) officially started trading on the Hong Kong Stock Exchange on Nov. 10 and became the first stock to exceed HK$1,000 on the market. Credit Suisse, BofA Securities and UBS are the joint sponsors and global coordinators of the offering.
New Oriental’s Hong …
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