Hong Kong education stocks fell again, with Yuhua Education falling more than 17 per cent, with the company announcing that it planned to raise HK $922 million through a rights issue of HK $4.19 (a discount of about 11.97 per cent from the previous day's closing price). Other education stocks, New Oriental Education & Technology Group online fell nearly 6%, New Oriental Education & Technology Group, China Oriental Education, Hope Education, China Education Holdings fell more than 4%.
教育股再度下挫,宇华教育大跌超17%,公司拟折让约11.97%以先旧后新方式配股筹资9.22亿港元
Education stocks fell again. Yuhua Education fell by more than 17%. The company plans to discount about 11.97% to raise HK $922 million through an old-to-new rights issue.
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