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Jupai’s WMP distribution value plummets 56.3% YoY with “increasingly conservative” investors

In the face of sustained “strong headwinds” over the past few quarters, Jupai Holdings Limited has posted a 56.3% year-on-year nosedive in the value of distributed wealth management products (WMPs), according to its third-quarter unaudited financial results. “We have seen investors becoming increasingly conservative due to an uncertain economic outlook in China and globally, a weakening real economy as a result…

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