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Value of wealth products distributed by Jupai slumps under new regulations

The aggregate value of wealth management products distributed by Jupai during the first quarter of 2018 has slumped by some 23.2%, compared to the same period a year ago, to RMB 10.9 billion. The total assets managed by the company’s asset management businesses also saw a 5.3% decrease compared with the end of 2017, to RMB 4.5 billion. Ni Jianda,…

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