What to expect as tycoon-founded Chinese universities enrol first undergraduates

Jul 4, 2025 | INVESTING

As China’s university admissions season kicks off, some newly established, tycoon-funded universities are attracting national attention as they enrol their first undergraduate students.
Fuyao University of Science and Technology (FYUST) founded in Fuzhou, Fujian province, by glass tycoon Cao Dewang, and Eastern Institute of Technology (EIT), founded in Ningbo, Zhejiang province, by semiconductor magnate Yu Renrong, will welcome their first undergraduates this summer.
They are part of a new form…

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