China New Higher Education Group Ltd Registered Shs Unitary 144A/Reg S
02001: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 8.90 | Wth | Zmmqzlqs |
China New Higher Education Reports In-Line Fiscal 2022 Results; Raises Dividend
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Business Strategy and Outlook
China New Higher Education, or CNHE, is the third-largest private higher education group in China by student enrolment. CNHE focuses on higher vocational education, and it strives to prepare students for quality employment. Its graduate employment rate reached 98% last year, 700 basis points higher than the national average. We think this helps CNHE achieve steady growth in student enrolment.