Noah Holdings Limited (NYSE: NOAH) is a leading wealth and asset management service provider in China with a focus on high net worth individuals. In the first nine months of 2019, Noah distributed RMB65.4 billion (US$9.5 billion) of financial products. Noah had assets under management of RMB176.5 billion (US$24.7 billion) as of September 30, 2019 through its wholly-owned subsidiary Gopher Asset Management.
Noah’s wealth management business primarily distributes private equity, public securities, insurance and fixed income products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,368 relationship managers across 307 service centers in 81 cities in mainland China, and offices in Hong Kong, Taiwan, United States, Canada, Australia and Singapore. The Company’s wealth management business had 288,245 registered clients as of September 30, 2019. As a leading alternative multi-asset manager in China, Gopher Asset Management manages private equity, real estate, public securities, credit and multi-strategy investments denominated in RMB and other currencies. The Company also provides lending and other financial services, including online financial advisory platform and payment technology services.
For more information, please visit Noah at ir.noahgroup.com.