Sat.May 28, 2022

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Ambow Education Facing Financial Collapse (Dahn Shaulis and Glen McGhee*)

Higher Education Inquirer

Ambow touts its place on the New York Stock Exchange (NYSE), but that status may be short-lived. Ambow Education Holding (AMBO) is facing financial peril--again. The Cayman Islands corporation , with headquarters in Beijing, People's Republic of China , has had financial troubles before. In 2013, the company was liquidated after allegations of financial improprieties.