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(Bloomberg) UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a dim profit outlook, people familiar with the matter said.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mansion f

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