Noah Holdings Stung by High Costs Amid Pivot to China’s Rich
Investors dump asset manager’s shares after its latest quarterly report shows heavy spending eroded profit margins Key points: Asset manager Noah Holdings’ second quarter revenue grew 20%, but margins got…
Noah Holdings Finds Resurgent Riches in China’s Wealthy
One of the nation’s oldest private wealth managers posts record business in first quarter, but forecasts more modest profit gains for all 2021 Key points: Asset manager Noah Holdings is…