United States securities and exchange commission logo November 17, 2022 Qing Pan Chief Financial Officer Noah Holdings Limited Building 2, 1687 Changyang Road Shanghai 200090 People s Republic of China Re: Noah Holdings Limited Form 20-F for the Fiscal Year Ended December 31, 2021 Filed April 6, 2022 File No. 001-34936 Dear Qing Pan: We have completed our review of your filing. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Finance