Core Insights - Noah Holdings (NOAH) experienced a 2.52% increase in stock price, reaching $9.75 per share, with a total market capitalization of $645 million as of May 14 [1] - For the fiscal year ending December 31, 2024, Noah's total revenue is projected to be 2.601 billion RMB, reflecting a year-over-year decrease of 21.06%, while net profit attributable to shareholders is expected to be 475 million RMB, down 52.9% year-over-year [1] Company Overview - Noah Holdings is a leading wealth management service provider, primarily catering to high-net-worth Chinese investors by offering comprehensive global investment and asset allocation consulting services [1][2] - As of the first quarter of 2024, Noah distributed investment products valued at 18.9 billion RMB (approximately $2.6 billion) [1] - As of March 31, 2024, Noah's total assets under management through its subsidiary, Gaofei Asset Management, reached 153.3 billion RMB (approximately $21.2 billion) [1] Wealth Management Services - Noah's wealth management services include the distribution of private equity, private securities, public funds, and comprehensive inheritance protection services, denominated in RMB, USD, and other currencies [2] - The company's service network spans major cities in mainland China, as well as Hong Kong, New York, Silicon Valley, Singapore, and Los Angeles [2] - A total of 1,109 client managers provide customized wealth management solutions to meet the investment needs of over 450,000 registered clients as of March 31, 2024 [2]
诺亚控股上涨2.52%,报9.75美元/股,总市值6.45亿美元