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Hywin Wealth faces investor ire as return on PE fund disappoints

Hywin Wealth, an independent wealth manager in China, is feeling the scorn of investors after one of its PE funds failed to realise returns in line with expectations. The firm has denied any wrongdoing. According to a report by financial news outlet Cai Lian She, several investors flocked to Hywin’s Shanghai headquarters on 11 May, demanding that it pay them back the principal and…

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