Noah Holdings 3Q21 net revenues slightly up, with steady increase in core clients

24 November 2021 | 2 minutes read

NYSE-listed Chinese wealth manager Noah Holdings has reported 3Q21 net revenues of RMB 908.9 million (US$141.1 million), up 5.8% YoY and 1.1% QoQ, primarily driven by increased one-time commissions, performance-based income and other service fees. The wealth management business generated net revenues of RMB 654 million in 3Q21, up 4.1% YoY and 4.5% higher than 2Q21. “Net revenues rose by…

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