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Noah delivers record quarterly revenue on the back of 65.4% jump in active clients

Noah Holdings

Noah Holdings has reported its highest quarterly net revenue ever, supported by a surge in the number of active wealth management clients. While public securities products still dominated, there was a marked increase in the number of private equity products distributed. By the end of 1Q21, Noah’s group-wide net revenue increased 64.1% YoY and reached RMB 1.2 billion (US$186.9 million),…

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