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BEDU - Bright Scholar Education Holdings Has A High Growth Potential
Bright Scholar Education Holdings Limited American Depositary Shares each representing one Class A
Private education in China has been growing rapidly in recent years and has become an important part of the overall education market. Compared to public schools, it is considered as a better-quality option for the rising middle-class population, because private schools usually admit students based on their meritocracy. Another distinctive feature of private education, which encourage parents to pay tuition fees, is after-school tutoring. The market for after-school tutoring has experienced enormous growth from RMB 203.2 billion in 2011 to RMB 393.0 billion in 2017.