China's wealthy are increasingly looking overseas for business investment opportunities [CNBC]
Noah Holdings Limited American Depositary Shares (NOAH)
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Source: CNBC
This year, there's been a “very significant” trend of requests from Chinese family offices that want to acquire smaller businesses in Japan, said Ryota Kadogaki, co-founder and global CEO of Monolith, a Japan-based consulting firm for family offices. “Most of our clients are China-rooted entrepreneurs who are looking to further globalize,” Grant Pan, CFO of China-based wealth management firm Noah Holdings, told CNBC. BEIJING — China's wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather than just chasing investment returns, according to asset managers and consultants. This year, there's been a “very significant” trend of requests from Chinese family offices that want to acquire smaller businesses in Japan, said Ryota Kadogaki, co-founder and global CEO of Monolith, a Japan-based consulting firm for family offices. “I'm studying Chinese as well, and I'm thinking to hire Chinese speakers in my company right now,
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- Noah Holdings Second Quarter 2024 Earnings: EPS: CN¥1.42 (vs CN¥4.54 in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- Noah Holdings Limited (NYSE:NOAH) Analysts Just Slashed This Year's Revenue Estimates By 14% [Yahoo! Finance]Yahoo! Finance
- China's wealthy are increasingly looking overseas for business investment opportunities [MSNBC.com]MSNBC.com
- Noah Holdings: Q2 Results Miss And New Buyback Plan Draw Attention [Seeking Alpha]Seeking Alpha
NOAH
Sec Filings
- 9/10/24 - Form 6-K
- 9/4/24 - Form 6-K
- 8/29/24 - Form 6-K
- NOAH's page on the SEC website