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 finds second life in overseas voyage
The wealth manager’s international businesses drove it back to revenue growth in the second quarter as challenges continued to linger at home Key Takeaways: Noah Holdings’ overseas revenue increased about…
SPONSORED: ARK Wealth outlines global asset allocation strategies at inaugural flagship summit
The recently launched unit of asset manager Noah Holdings aims to service Chinese looking to invest overseas Key Takeaways: Noah recently launched ARK Wealth Management, an international wealth management platform…
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…
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…
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BRIEF: Noah Holdings’ profit jumps 63% despite revenue decline
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Noah finds second life in overseas voyage
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