Noah Holdings Announces $50M Share Repurchase, Signaling Confidence in Overseas Growth
Noah Holdings Limited American Depositary Shares (NOAH)
US:NYSE Investor Relations:
ir.noahwm.com
Company Research
Source: PR Newswire
SHANGHAI, Aug. 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024.Noah recorded total net revenue of RMB 616 million in the second quarter of 2024. The wealth management business generated net revenues of RMB 416 million, while the asset management business reported net revenues of RMB 192 million.Strategically Overseas Expansion and Comprehensive investment SolutionsNoah's overseas expansion is gaining momentum as client demand for global asset allocation strengthens, with overseas net revenue contribution increasing to 46.3% in the first half of 2024 and asset under management increasing 14.1% year-over-year during the quarter. Noah also raised US$ 338
Show less
Read more
Impact Snapshot
Event Time:
NOAH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NOAH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NOAH alerts
High impacting Noah Holdings Limited American Depositary Shares news events
Weekly update
A roundup of the hottest topics
NOAH
News
- Noah to Host Corporate Open Day on December 6, 2024, in Hong Kong [Yahoo! Finance]Yahoo! Finance
- Noah to Host Corporate Open Day on December 6, 2024, in Hong KongPR Newswire
- Noah to Report Third Quarter 2024 Unaudited Financial Results on November 26, 2024 [Yahoo! Finance]Yahoo! Finance
- Noah to Report Third Quarter 2024 Unaudited Financial Results on November 26, 2024PR Newswire
- Noah Holdings Limited (NYSE: NOAH) was downgraded by analysts at UBS Group AG from a "buy" rating to a "neutral" rating. They now have a $13.00 price target on the stock.MarketBeat
NOAH
Sec Filings
- 11/20/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/12/24 - Form SC
- NOAH's page on the SEC website