Noah Holdings Limited American Depositary Shares

Noah Holdings Ltd is a wealth management service provider. It focuses on global wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consist primarily of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Most of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.