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China’s Jupai Holdings grows AUM by 86% YoY in second quarter, eyes offshore expansion

Jupai Holdings, a Shanghai-based third-party wealth manager, grew its assets under management (AUM) by 85.6% year-on-year to RMB 48 billion in the second quarter, the firm said in its financial report published today. Jupai’s footprint in China spans 47 cities, from 36 a year before, while the firm grew the number of client centres it has by 15 to 76….

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