Latest news with #NoahHoldings
Yahoo
20-06-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Noah Holdings (NOAH) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Noah Holdings (NOAH), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Noah Holdings currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if NOAH is a promising momentum pick, let's examine some Momentum Style elements to see if this wealth management firm holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For NOAH, shares are up 6.78% over the past week while the Zacks Financial - Investment Management industry is down 0.17% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 27.85% compares favorably with the industry's 2.09% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Noah Holdings have increased 17.18% over the past quarter, and have gained 16.4% in the last year. In comparison, the S&P 500 has only moved 5.72% and 10.37%, respectively. Investors should also pay attention to NOAH's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NOAH is currently averaging 241,996 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NOAH. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost NOAH's consensus estimate, increasing from $1.31 to $1.37 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that NOAH is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Noah Holdings on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Noah Holdings Ltd. (NOAH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
12-06-2025
- Business
- Yahoo
Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend
SHANGHAI, June 12, 2025 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 12, 2025 and that all the proposed resolutions submitted for shareholders' approval as set forth in the notice of the AGM dated April 25, 2025 were duly passed at the AGM. The Company also announced that it will distribute (i) a final dividend of RMB275.0 million (approximately US$38.3 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB0.831 (equivalent to approximately US$0.116, or approximately HK$0.909 based on the latest exchange rates available as of the date of this announcement) per share (tax inclusive)) in respect of the year ended December 31, 2024; and (ii) a special dividend of RMB275.0 million (approximately US$38.3 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB0.831 (equivalent to approximately US$0.116, or approximately HK$0.909 based on the latest exchange rates available as of the date of this announcement) per share (tax inclusive)), to shareholders whose names appear on the register of members of the Company as of the close of business on July 3, 2025 (the "Dividend Record Date"). The distribution ratio per share is subject to adjustment to the number of shares of the Company entitled to dividend distribution as of the Dividend Record Date and the equivalent U.S. dollars amount and Hong Kong dollars amount are also subject to exchange rate adjustment. The Company will make further announcement in respect of the final rate of final payment in U.S. dollars (for ADS holders and for holders of ordinary shares whose shares registered on the Company's principal share register in the Cayman Islands) and in Hong Kong dollars (for registered holders of the ordinary shares whose shares registered on the Company's Hong Kong share register in Hong Kong) on or immediately after the Dividend Record Date and in accordance with the Company's memorandum and articles of association and applicable laws and regulations. ABOUT NOAH HOLDINGS LIMITED Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah's American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol "NOAH," and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code "6686." One ADS represents five ordinary shares, par value $0.00005 per share. In the first quarter of 2025, Noah distributed RMB16.1 billion (US$2.2 billion) of investment products. Through Gopher Asset Management and Olive Asset Management, Noah had assets under management of RMB149.3 billion (US$20.6 billion) as of March 31, 2025. Noah's domestic and overseas wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies. Noah's network covers major cities in mainland China, as well as Hong Kong (China), New York, Silicon Valley, Singapore, and Los Angeles. The Company's wealth management business had 463,161 registered clients as of March 31, 2025. Through its domestic and overseas asset management business operated by Gopher Asset Management and Olive Asset Management, Noah manages private equity, public securities, real estate, multi-strategy and other investments denominated in RMB and other currencies. The Company also provides other businesses. For more information, please visit Noah at SAFE HARBOR STATEMENT This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. These statements include, but are not limited to, estimates regarding the sufficiency of Noah's cash and cash equivalents and liquidity risk. A number of factors could cause Noah's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; investment risks associated with investment products distributed to Noah's investors, including the risk of default by counterparties or loss of value due to market or business conditions or misconduct by counterparties; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah's filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law. View original content: SOURCE Noah Holdings Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Business
- Yahoo
Wealth Manager: Chinese Investors Look to Diversify
Grant Pan, Noah Holdings CFO and ARK Hong Kong CEO, says wealthy Chinese investors have become more sophisticated. Pan says clients are now looking at markets such as Japan, Singapore and Europe to diversify. It's a change from high net worth individuals who were previously more focused on China and the US. He discusses this trend with Yvonne Man and Annabelle Droulers on "Bloomberg: The China Show." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Business
- Yahoo
Wealth Manager: Chinese Investors Look to Diversify
Grant Pan, Noah Holdings CFO and ARK Hong Kong CEO, says wealthy Chinese investors have become more sophisticated. Pan says clients are now looking at markets such as Japan, Singapore and Europe to diversify. It's a change from high net worth individuals who were previously more focused on China and the US. He discusses this trend with Yvonne Man and Annabelle Droulers on "Bloomberg: The China Show." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
05-06-2025
- Business
- Bloomberg
Wealth Manager: Chinese Investors Look to Diversify
Grant Pan, Noah Holdings CFO and ARK Hong Kong CEO, says wealthy Chinese investors have become more sophisticated. Pan says clients are now looking at markets such as Japan, Singapore and Europe to diversify. It's a change from high net worth individuals who were previously more focused on China and the US. He discusses this trend with Yvonne Man and Annabelle Droulers on "Bloomberg: The China Show." (Source: Bloomberg)
