Noah Holdings Provides Updates on Status of Certain Credit Funds Managed by Shanghai Gopher Asset Management
Noah Holdings Limited American Depositary Shares (NOAH)
US:NYSE Investor Relations:
ir.noahwm.com
Company Research
Source: PR Newswire
SHANGHAI, July 8, 2019 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider in China with a focus on high net worth individuals, is making this announcement to provide an update on the status of certain credit funds managed by Shanghai Gopher Asset Management Co., Ltd. ("Shanghai Gopher Asset Management"), a consolidated affiliated entity of Noah.In the course of their investing activities, these credit funds provided supply chain financing involving third party companies related to Camsing International Holding Limited ("Camsing"), with a total principal amount of about RMB3.4 billion. The controlling shareholder of Camsing has recently been criminally detained by the Chinese police in connection with suspected fraudulent activity. As the fund manager of these funds, Shanghai Gopher Asset Management has initiated various legal actions and is committed to taking the best course of action to fulfill its obl
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- 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