Noah Holdings Lowers Profit Forecast Amid Market Turmoil, Pandemic Lockdowns
The wealth management company has cut its profit projection for the whole year by up to 35.5%Key Takeaways:Noah Holdings revised down its non-GAAP annual net profit forecast from a maximum…
Wealth Manager Noah Banks on Hong Kong to Revive Fortunes
The Chinese financial firm serving high-net-worth investors will soon list on the Hong Kong Stock Exchange to fund its business expansion. (more…)
FAST NEWS: Citi Discloses 5% Stake in Jiumaojiu, But Shares Still Fall
The latest: Citigroup disclosed it has taken a 5% stake in Chinese restaurant chain operator Jiumaojiu International Holdings Ltd. (9922.HK), according to a Hong Kong Stock Exchange filing. Citi had…