- New Oriental Education's potential move into chip design is one of many major new initiatives as it tries to transform after last year’s private education sector cleanup.
- China Liberal Education provides software and other services mostly to universities, which weren’t the focus of the latest reforms.
- Shares of China Liberal have rallied 8% since it first announced its plan to purchase the two universities, and New Oriental has rallied by an even stronger 20% from a 10-year low in late January.
For further details see:
New Oriental Eyes Chip Design, China Liberal Chases Higher Education