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Pressure mounts on China’s Hywin Wealth as share price crumbles

Hywin Financial Holding’s headquarters, Shanghai, China

Pressure is mounting on Hywin Wealth Management (Hywin), one of China’s most prominent wealth managers, amid a collapse in its share price and a damning report by the country’s state media. The Shanghai-based company, whose share price has fallen more than 90% over the last 12 months, has been hit by the slump in China’s property market that left Hywin…

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