Shanghai-based wealth manager Noah Holdings also saw net loss in the fourth quarter of 2020, due to the Camsing settlement.
Tag: Noah
Coronavirus drags Noah’s profits
Separately, traditional investments, including mutual funds, accounted for around 80% of the products distributed by the firm in Q1.
Noah WM reports slight profit in 2019
A tough Q4 has impacted the NYSE-listed Chinese wealth management firm.
Noah WM reports Q3 income plunge
The Shanghai-based wealth management firm reported income dropped 50% in the third quarter due to factors including China’s slowing GDP.
Noah takes down 2019 guidance
The Camsing scandal and the ongoing Hong Kong protests cast a shadow over the wealth management firm’s 2019 forecast.