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Noah says delisting pressure on ADRs presents “buying opportunities”, posts record revenue

iStock photo by Getty Images

Noah Holdings believes that recent pressure on the prices of US-listed ADRs presents “buying opportunities” for its clients, as the Chinese wealth management giant capped off a record year with nearly 30% growth in net revenue. Shares in US-listed Chinese companies have been pummelled in recent sessions on renewed concerns that these stocks could be removed from American exchanges, with…

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