It is an offence for private schools to make false claims or intentionally mislead students in their advertisements.

私立壆校在广告中做出虚假声明或有意误导壆生都是违法行为。

youdao

"Intentionally spreading false rumors or engaging in collusive activity to impact the financial condition of an issuer will not be tolerated and will be vigorously and aggressively investigated, " it said.

FORBES: Magazine Article