China's nonprofit schools get a gold star from investors

China's nonprofit schools get a gold star from investors

Students at the Shichahai sports school attend a class in Beijing, China, May 18, 2016. REUTERS/Damir Sagolj/Files

Not-for-profit industries are hardly associated by most investors with rising returns. Not so in China, whose private-school sector has become initial public offering gold in Hong Kong.

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