NYSE:NOAH

Noah Holdings Posts Solid Q4 and Full-Year Financial Performance

Retrieved on: 
Wednesday, March 27, 2024
USD, Asian Private Banker, HKEX, CCI, Yoy, Insurance, Research, Growth, RMB, HNW, AUM, Face, Trust, CIO, CRM, Black card, Investment, AGM, Cryptocurrency

This robust performance was driven by Noah's strategic foresight and adaptability as it transitioned from a product-focused model to a solution-driven approach.

Key Points: 
  • This robust performance was driven by Noah's strategic foresight and adaptability as it transitioned from a product-focused model to a solution-driven approach.
  • The pace of our international expansion continues to increase as our clients' demand for global asset allocation grows.
  • Following extensive research to identify overseas markets with high concentrations of HNW Chinese-speaking investors, Noah opened an office in Los Angeles.
  • Noah's full financial results for the fourth quarter and year ended December 31, 2023 are available at ir.noahgroup.com.

Noah Holdings Limited Provides Further Updates on the Status of the Legal Proceedings Related to Certain Credit Funds Managed by Shanghai Gopher Asset Management Co., Ltd.

Retrieved on: 
Tuesday, May 7, 2024
Sale, HKEX, Computer, Shanghai Financial Court, Judgement

SHANGHAI, May 7, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company," or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today provides updates on the status of the legal proceedings against Camsing International Holding Limited and one of its affiliates (collectively, "Camsing")  related to certain credit funds (the "Camsing Credit Funds") managed by Shanghai Gopher Asset Management Co., Ltd. ("Shanghai Gopher").

Key Points: 
  • SHANGHAI, May 7, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company," or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today provides updates on the status of the legal proceedings against Camsing International Holding Limited and one of its affiliates (collectively, "Camsing")  related to certain credit funds (the "Camsing Credit Funds") managed by Shanghai Gopher Asset Management Co., Ltd. ("Shanghai Gopher").
  • On May 6, 2024, the Company received the judgment of the Camsing Civil Case, in which Shanghai Financial Court ruled in favor of Shanghai Gopher against Camsing.
  • Further, Camsing was ordered to bear the fees and expenses of RMB17.1 million incurred by Shanghai Financial Court.
  • Other claims made by Shanghai Gopher against the Co-defendants were dismissed by Shanghai Financial Court.

Noah Holdings Becomes the First Non-Bank Chinese Institution to Join PWMA

Retrieved on: 
Wednesday, March 13, 2024
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HONG KONG, Mar 13, 2024 - (ACN Newswire) - On March 11, Noah Holdings (Hong Kong) Limited was honored with full membership by the Private Wealth Management Association (PWMA), marking a significant milestone as the first non-bank institution of Chinese origin to join the prestigious group.

Key Points: 
  • HONG KONG, Mar 13, 2024 - (ACN Newswire) - On March 11, Noah Holdings (Hong Kong) Limited was honored with full membership by the Private Wealth Management Association (PWMA), marking a significant milestone as the first non-bank institution of Chinese origin to join the prestigious group.
  • PWMA is an industry association comprised of numerous distinguished wealth management institutions within the Hong Kong region.
  • Over the past decade, PWMA has consistently organized the highly acclaimed PWMA Wealth Management Summit with famous associations, institutions and companies across the world.
  • Going forward, Noah Holdings will maintain a close relationship with the PWMA, actively seeking avenues for industry development.

Noah to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 26, 2024

Retrieved on: 
Thursday, March 14, 2024
HKEX

SHANGHAI, March 14, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading wealth management service provider offering comprehensive global investment and asset allocation advisory services primarily for Mandarin-speaking high-net-worth investors, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on March 26, 2024.

Key Points: 
  • SHANGHAI, March 14, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading wealth management service provider offering comprehensive global investment and asset allocation advisory services primarily for Mandarin-speaking high-net-worth investors, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on March 26, 2024.
  • Noah's management team will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Tuesday, March 26, 2024 (8:00 a.m. Beijing/Hong Kong Time on Wednesday, March 27, 2024).
  • The conference call may be accessed with the following details:

Noah Holdings Wins 'Best Independent Wealth Manager - China' Award for Seventh Year in a Row

Retrieved on: 
Friday, March 8, 2024
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The organization's annual APB Summit in Hong Kong and Singapore caters to a wide audience within the private wealth management community.

Key Points: 
  • The organization's annual APB Summit in Hong Kong and Singapore caters to a wide audience within the private wealth management community.
  • "Chinese wealth manager Noah Holdings continues its offshore expansion, tapping Chinese clients who wants to go global.
  • These results highlighted the Company's strong performance and the trust that clients place in it as private wealth manager.
  • Mr. Yin Zhe, Co-Founder and CEO of Noah, commented "2023 was a tremendous year for Noah and we are honored to receive the "Best Independent Wealth Manager - China" award for the seventh time.

Noah Holdings Limited Provides Further Updates on the Status of the Legal Proceedings Related to Certain Credit Funds Managed by Shanghai Gopher Asset Management Co., Ltd.

Retrieved on: 
Friday, January 12, 2024
Life, Judgement, Electronics, HKEX, Sale, Crime, Procurement, Cryptocurrency

SHANGHAI, Jan. 12, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company," or "Noah") (NYSE: NOAH and HKEX: 6686), a leading wealth management service provider in China offering comprehensive global investment and asset allocation advisory services primarily for high-net-worth investors, today provides further update on the status of the legal proceedings related to certain credit funds managed by Shanghai Gopher Asset Management Co., Ltd. (the "Shanghai Gopher").

Key Points: 
  • SHANGHAI, Jan. 12, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company," or "Noah") (NYSE: NOAH and HKEX: 6686), a leading wealth management service provider in China offering comprehensive global investment and asset allocation advisory services primarily for high-net-worth investors, today provides further update on the status of the legal proceedings related to certain credit funds managed by Shanghai Gopher Asset Management Co., Ltd. (the "Shanghai Gopher").
  • Certain companies and individuals in connection with such supply chain account receivables were later suspected to commit fraudulent activities (the "Camsing Incident").
  • The Company believes that the results of the criminal proceeding would not have any material adverse effect on its business, results of operations or reputation.
  • The Company will continue to closely monitor and evaluate any future development of the legal proceedings in connection with the Camsing Incident and promptly inform investors of any updates as appropriate.