Sunlands, which trades with the symbol STG, intended to sell 13 million American Depository Shares representing Class A shares for proceeds of approximately 1 million. The expected price was between .50 and .50. Sunlands raised a total 189.5 million.
Sun said the company will continue to strictly control land investment in the second half so as to decrease the gearing ratio at the end of 2019 and maintain its long-term downward trend.
Sun Hongyan, a researcher at the China Youth and Children Research Center, said youngsters have a strong tendency to imitate and explore, but the problem is that many have limited control over how far they can go.
System under discussion would punish low-grade manufacturers
TAL Education Group was among the first batch of online education companies that launched the business model combining the main lecturer and the head teacher, or a class tutor, where the two roles cooperate deeply in real teaching scenarios.
TIANJIN -- Mars Incorporated, a US global manufacturer of confectionery, pet food and other food products, has recently signed an agreement to set up a pet food plant in North China's Tianjin, local authorities said Tuesday.
象山月子中心甜辞
TOKYO - Japan's weather agency on Wednesday issued its highest-level landslide and flood alerts as regions in western Japan were being pummeled by torrential rain.
Sunac China Holdings Ltd, the Chinese mainland's fourth-largest developer by sales, said the land and home price slowdown is likely to remain. [Photo/VCG]
Survey respondents expect carbon emissions trading will affect investment decisions on a gradual basis in the coming years.
Surging land sale is part of the government's efforts to cool down the runaway housing prices in major cities where huge demand and limited supply pushed prices to record high.