Modern Education

[2] One year after the business listed on the HK stock Exchange, the major shareholder sold his shares just as its student numbers started to decline.

[3] Ken Ng, founder, claims credit for initiating this trend, and for "liberat[ing] the very feudal education system" whilst making a lot of money.

[4] He also claims credit for democratising access to maximising student performance at public examinations by employing the best teachers from Band One schools.

[4] In late 2015, media reported that Modern Education was overtly trying to poach a "star tutor" employed by a competitor.

[5][6] The brazen attempt of Modern Education to poach the Chinese tutor signalled to investors the extent that these schools may be dependent on a single teacher.