S&C Advises Underwriters in Record-breaking $625 Million Education IPOJuly 5, 2019
China East Education Holdings, one of the largest vocational training education providers in China, completed its $625 million initial public offering on June 12, listing its shares on the Hong Kong Stock Exchange. The transaction is the largest-ever initial public offering in the education sector globally.
S&C advised the underwriters on both Hong Kong and U.S. law matters. The team was led by Gwen Wong and Kay Ian Ng, with support from Ching-Yang Lin, Zhixin Liu and William Ma.
China East Education runs Xinhua Vocational Education, which specializes in culinary, information technology and auto services vocational schools.