Investment Grade BBB-
By Standard and Poor's
Noah Holdings Limited (NYSE: NOAH, BBB-) is a leading wealth and asset management service provider in China with a focus on global investment and asset allocation services for high net worth individuals and enterprises, headquartered in Shanghai. In the first quarter of 2020, Noah distributed RMB23.2 billion (US$3.3 billion) of financial products. Through Gopher Asset Management, Noah had assets under management of RMB161.7 billion (US$22.8 billion) as of March 31, 2020. Since establishment, Noah has distributed close to RMB710 billion of financial products as of March 31, 2020.