Renaissance Capital logo

Educational services provider ChinaEdu prices at low end of range

December 11, 2007

ChinaEdu, a leading Chinese educational services provider to online degree programs, priced its 6.82 million ADR offering at $10, the low end of the expected range. Bear Stearns was the lead manager on the deal. The stock is expected to begin trading Tuesday on the NASDAQ under the ticker "CEDU".