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Stock impact report

Noah Holdings Limited Provides Further Updates on the Status of the Legal Proceedings Related to Certain Credit Funds Managed by Shanghai Gopher Asset Management Co., Ltd. [Yahoo! Finance]

Noah Holdings Limited American Depositary Shares (NOAH) 
US:NYSE Investor Relations: ir.noahwm.com
Company Research Source: Yahoo! Finance
management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today provides updates on the status of the legal proceedings against Camsing International Holding Limited and one of its affiliates (collectively, " Camsing ") related to certain credit funds (the " Camsing Credit Funds ") managed by Shanghai Gopher Asset Management Co., Ltd. (" Shanghai Gopher "). The Camsing Credit Funds had invested in supply chain account receivables (the " Camsing Receivables ") respecting the sale of computers, consumer electronics and communication products from Camsing to a buyer (the " Buyer As the Company previously disclosed on January 12, 2024 November 1 June 21 June 29 and July 6, 2022 and August 25, 2020 , the Company has been involved in certain legal proceedings with respect to the fraudulent activities conducted by Camsing with respect to the Camsing Receivables. In July Show less Read more
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