Global law firm Norton Rose Fulbright advised Macquarie Capital Limited as sole sponsor and sole global coordinator on the listing of JH Educational Technology Inc. on the Main Board of the Hong Kong Stock Exchange.
JH Educational Technology is a leading provider of private formal higher education in Zhejiang province, the PRC. It is the largest provider of junior college education and the fourth largest private provider of formal higher education in Zhejiang province. In addition, JH Educational Technology operates Zhongyuan University of Technology College of Information and Business in Zhengzhou, the PRC.
Terence Lau, the Hong Kong-based partner who led on the deal, commented:
"Since the first listing of a PRC K-12 tutoring business on the Hong Kong Stock Exchange in December last year in which we acted for the sponsor and underwriters, we have been involved in a number of listings of PRC education-related businesses on the Hong Kong Stock Exchange. This successful IPO of JH Educational Technology further highlights our ability to assist clients in the PRC education sector."
Norton Rose Fulbright previously advised CMBI International Capital Limited as sole sponsor and the consortium of underwriters on the initial public offering of China Beststudy Education Group.