Online education faces a paradox: Shares rise, but big profits elusive

The Chinese online education sector is caught between "fire" and "ice", industry insiders said.

Listed companies' shares are sparkling but big profits are elusive, they said.

"Shares of education companies are shining on both domestic and foreign bourses. The online education segment, in particular, will likely witness multiple leaders," said Sun Haiyang, an education analyst from TF Securities.