[ET Net News Agency, 26 November 2020] HSBC Global Research raised its target price for
China Education Group (00839) to HK$23 from HK$22 and maintained its "buy" rating.
The research house remains confident that China Education Group will achieve strong and
sustainable growth in the coming years, in view of its capacity expansion, independent
college conversion and further M&A activities.
China Education Group is its preferred play in the private higher education industry.
(RC)