海外消费周报:海外教育:教育行业26年投资策略-景气与困境反转交织 投资机会纷呈

申万宏源研究
Dec 19, 2025

海外教育:景气与困境反转交织,投资机会纷呈——教育行业26 年投资策略基本面触底叠加政策推进,高教困境反转可期。以办学质量提升为前提,以营利性牌照为激励,鼓励高质量民办高校扩张,承接增量高教需求,是高教监管的主旨思路。25 年湖南省重启营利性分类管理,或将成为试点,积累成熟经验后向全国推广。而营利性经营牌照的获取将给与民办高校稳定的政策环境保证其投资回报,扩大经营规模,满足增量高等教育需求。因为...

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