Hywin Holdings Announces Unaudited Financial Results for the First Half of Fiscal Year 2024
HYWHywin Holdings(HYW) GlobeNewswire News Room·2024-06-28 20:29

SHANGHAI, June 28, 2024 (GLOBE NEWSWIRE) -- Hywin Holdings Ltd. (“Hywin” or the "Company") (NASDAQ: HYW) today announced its unaudited financial results for the first half of fiscal year 2024 ended December 31, 2023. The Company’s businesses and operations in China faced significant headwinds as changes in the asset management industry, overall asset valuation levels in China and the economic environment presented challenges for the Company. The redemption issues of the asset-backed products business, which ...