Chinese Online Education Provider Seeks U.S. IPO

This Chinese online educator has filed to get its upcoming IPO on the New York Stock Exchange in late July

China Distance Education Holdings (CDEL) will today start marketing in Hong Kong a U.S. initial public offering that aims to raise between $78.75 million and $96.25 million. The company is looking to list on the New York Stock Exchange in the week of July 28.

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