ChinaEdu in $68 Million IPO

December 11, 2007

Cleary Gottlieb represented the underwriters, led by Bear, Stearns & Co., in a $68 million SEC-registered initial public offering of ChinaEdu Corporation. The ADRs began trading on the NASDAQ Global Market on December 11.

ChinaEdu, based in Beijing, is a leading Chinese online educational services provider.