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Jupai Holdings Limited American Depositary Shares each representing six
Jupai Holdings Limited (JP) released this week its unaudited 2018 sales and earnings numbers. The results as expected are not pretty which led to a nasty sell-off in the share price down to the $3.40 level at the open on Tuesday the 23rd. The question now is how much of this expected down-move has already been priced into the shares. We state this because shares looked like they were undergoing a bottoming formation since December of last year. The annual results, however, mean that we now have a lower low on the daily