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Ninestar Denies Financial Fraud Rumor That Went Viral in China

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On June 20, a slew of financial reporters in China indicated that a former financial analyst posted on WeChat, China’s social media and messaging platform, that Ninestar “has probably been engaged in financial fraud for many years.” That initial WeChat post went semi-viral in China. Reports about the WeChat post and Ninestar’s subsequent denial are

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