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Noah Q1 earnings beat expectations; 99.5% of client transactions done online: Wang Jingbo

Noah Holdings

Noah’s chairlady and CEO of Noah Holdings Wang Jingbo said in an earnings call that the firm’s first-quarter result has “exceeded” her expectations, especially in consideration of the severe impact of the COVID-19 pandemic in China. Noah Holdings recorded RMB 746.1 million (US$105.4 million) in net revenues, compared with RMB 889.9 million for the corresponding period in 2019, and RMB…

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