Jupai Announces Issuance Of New Shares To Julius Baer And SINA

Jupai Holdings Limited, a leading third-party wealth management service provider in China, today announced that it has entered into a share purchase agreement with each of Julius Baer Investment Ltd. (“Julius Baer”), a wholly owned subsidiary of Julius Baer Group Limited (SIX: BAER), a leading Swiss private banking group, and SINA Hong Kong Limited (“SINA”), a wholly owned subsidiary of SINA Corporation (NASDAQ: SINA), a leading Chinese online media company.

More:
prnewswire.com/news-releases/jupai-announces-issuance-of-new-shares-to-julius-baer-and-sina-300197803.html

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