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Jupai Holdings reports positive quarterly net income for third consecutive time

NYSE-listed Chinese wealth manager Jupai Holdings reported 2Q21 net income attributable to ordinary shareholders of RMB 2.0 million (US$310,000), compared to a net loss of RMB 10.5 million in 2Q20. It was the third quarter in a row that it had reported positive quarterly net income, a spokesperson for Jupai Holdings told Asian Private Banker, adding that the positive quarterly…

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