Hywin’s debacle underscores close links between China’s property and wealth management sectors
Hywin Wealth, a Shanghai-based wealth management company with ties to embattled property developer China Evergrande Group, said it would look into missed payments on its investment products, after talk of repayment difficulties sent shares of its Nasdaq-listed parent plunging to a third of its value over the past week. Hywin…
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Click here to read the full story: South China Morning Post

