China’s private education sector has been drawing investors’ interest until the government’s policy shift to limit its expansion. Photo: Alamy

Minsheng sets up M&A fund with CICC as China tightens control on private education sector

  • The fund aims to raise US$1.5b to invest in higher education segment
  • Beijing’s move to curb expansion in private education sector has hammered education stocks since the second half of 2018
Topic |   China education

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China’s private education sector has been drawing investors’ interest until the government’s policy shift to limit its expansion. Photo: Alamy
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