Core Insights - Noah Holdings (NOAH) experienced a stock price increase of 4.48% on May 29, reaching $9.905 per share, with a total market capitalization of $655 million [1] - For the fiscal year ending December 31, 2024, Noah Holdings reported total revenue of 2.601 billion RMB, a year-on-year decrease of 21.06%, and a net profit attributable to shareholders of 475 million RMB, down 52.9% year-on-year [1] - The company is set to release its Q1 2025 financial report on June 4, 2024 [1] Company Overview - Noah Holdings is a leading wealth management service provider, primarily catering to high-net-worth investors in the Chinese-speaking community, offering comprehensive global investment and asset allocation consulting services [1][2] - As of March 31, 2024, Noah's wealth management business had over 450,000 registered clients, supported by a network of 1,109 client managers across major cities in mainland China, Hong Kong, New York, Silicon Valley, Singapore, and Los Angeles [2] - The total value of investment products distributed by Noah in Q1 2024 amounted to 18.9 billion RMB (approximately $2.6 billion) [1] - Through its subsidiary, Gaofei Asset Management, Noah managed total assets of 153.3 billion RMB (approximately $21.2 billion) as of March 31, 2024 [1]
诺亚控股上涨4.48%,报9.905美元/股,总市值6.55亿美元