Wisdom Education faces testing time as it launches IPO

Southern China's largest private school operator sets Hong Kong IPO despite uncertainty over China's educational structure and future tax structure.
Pupils at Wisdom's Dongguan Guangming School
Pupils at Wisdom's Dongguan Guangming School

Wisdom Education launched an initial public offering on Thursday, hoping to become the third Chinese private sector education operator to list on the Hong Kong Stock Exchange.

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