Noah Releases 2023 Chairwoman/CEO Letter [Yahoo! Finance]
Noah Holdings Limited American Depositary Shares (NOAH)
US:NYSE Investor Relations:
ir.noahwm.com
Company Research
Source: Yahoo! Finance
On behalf of the Board of Directors and the management team of Noah, we would like to express our sincere gratitude to our shareholders for their unwavering support. Global markets experienced significant turbulence across various key asset classes while also grappling with tight credit conditions and ongoing geopolitical instability in 2023. This difficult environment gave rise to sharp divergences in economic conditions and interest rate environments between onshore and offshore markets, creating considerable challenges for Chinese high-net-worth individuals ("HNWI") making asset allocation decisions. China's post-pandemic economic recovery proved to be slower than initially anticipated, dragging domestic equity capital markets along with it. A sluggish real estate market coupled with defaults on associated private credit products issued by certain wealth management and trust companies, has resulted in HNWIs adopting a much more cautious approach when compared to previous years.
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NOAH
News
- Noah Holdings Limited Files 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- Noah Holdings Limited Files 2023 Annual Report on Form 20-FPR Newswire
- Noah Holdings Limited Files 2023 Annual Report on Form 20-FPR Newswire
- Noah Releases 2023 Chairwoman/CEO LetterPR Newswire
- Noah Releases 2023 Chairwoman/CEO LetterPR Newswire
NOAH
Sec Filings
- 4/25/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/24/24 - Form 20-F
- NOAH's page on the SEC website