BRIEF: Noah Holdings’ profit jumps 63% despite revenue decline
Wealth management firm Noah Holdings Private Wealth and Asset Management Ltd. (NOAH.US; 6686.HK) announced on Tuesday its revenue fell 7.4% year-on-year to 632.9 million yuan ($88.9 million) in the third…
Noah’s development arc takes overseas turn as life at home only gets tougher
The asset management firm’s overseas revenue growth partially offset a decline in its core domestic business in the third quarter Key Takeaways: Noah’s overseas revenue grew 29% year-on-year in the…
FAST NEWS: Noah Holdings suffers revenue setback as operating margin plummets
The Latest: Noah Holdings Private Wealth and Asset Management Ltd. (NOAH.US; 6686.HK) announced Friday that its revenue fell by 19.2% to 650 million yuan ($89.7 million) in the first quarter, while…
Growth-hungry Fanhua finds a potential benefactor in Singaporean investor
The insurance broker has struck a deal to receive up to $1 billion in new investment for itself and recently acquired wealth manager unit Puyi Key Takeaways: Singapore-based White Group…
Shrinking wealth manager Puyi finds big benefactor in insurance broker Fanhua
Separate shareholder groups from the two publicly traded companies will each acquire a majority stake in the other through an equity swap Key Takeaways: An equity swap will give a…
Hywin seeks new wealth outside sagging property market
The asset manager is diversifying beyond its traditional focus on property-linked investments for wealthy investors Key Takeaways: Hywin Holdings is diversifying beyond its real estate-focused wealth management business with moves…
FAST NEWS: Noah’s profit drops on higher selling expenses
The latest: Noah Holdings Private Wealth and Asset Management Ltd. (NOAH.US; 6686.HK) reported Tuesday that its first-quarter revenue increased by 1% to 804 million yuan ($113 million), while its net profit…
Recent Articles
BRIEF: Noah Holdings’ profit jumps 63% despite revenue decline
6686.HK
NOAH.US
FAST NEWS: Noah’s profit drops on higher selling expenses
NOAH.US
6686.HK
RELATED ARTICLES
-
Noah finds second life in overseas voyage
6686.HKNOAH.US -
KE Holdings shores up its house with share buybacks, as revenue gains fail to impress
2423.HKBEKE.US
-
BRIEF: Bilibili swings to profit as advertising revenue jumps
BILI.US9626.HK
-
MoneyHero’s insurance and wealth shift boosts margins as it approaches profitability
MNY.US
-
BRIEF: NetEase’s profit jumps nearly 30% as game revenue rises 12%
9999.HKNTSE.US
- Yangtuo bets on small-town moms despite declining birth rates
