Developer docs
API playgroundTry for free, no card

Search company profiles

Noah Holdings

Full company profile

uuid0008fbx

Namestring
Noah Holdings
Legal namestring
Noah Holdings Limited
Websiteurl
noahgroup.com
Company typeenum
Public
Founded yearint
2003
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersYangpu, China
HQ citystring
Yangpu
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
wealth management services, global asset allocation, family succession planning, private equity products, cross-border investment solutions
Industry3 codes
1Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite)
CodeFSAAACAHPrimaryYes
2Robo-Advisors & Digital Wealth Managers
CodeFSAAAAADPrimaryNo
3Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset
CodeFSAAAJAEPrimaryNo
NAICS code2 codes
  • Other Investment Pools and Funds5259
  • Open-End Investment Funds525910
SIC code2 codes
  • Security Brokers, Dealers & Flotation Companies6211
  • Finance Services6199
Product category
Wealth Management
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model5 records
1Wealth Management Products Distribution
TypeTransaction Fee
Description

Distribution of direct wealth management products and investment products, including fixed-yield products and private secondary products. Revenue declined from domestic operations as company shifts away from fixed-yield products.

ad-hoc-news.de
2Asset Management Fees
TypeSubscription Recurring
Description

Recurring management fees from assets under management across ARK Wealth Management, Olive Asset Management, and Glory Family Heritage platforms. Growing share of revenue as company pivots to asset management focus.

seekingalpha.com
3Performance-Based Income
TypeTransaction Fee
Description

Performance fees from overseas private equity products, representing a growing share of revenue. Surged in 2025 driven by strong overseas product performance.

prnewswire.com
4Advisory Services
TypeSubscription Recurring
Description

Advisory fees for global asset allocation and wealth structuring services. Overseas assets under advisory reached RMB66.1 billion as of Q1 2026.

en.prnasia.com
5Fund Distribution
TypeTransaction Fee
Description

Distribution of third-party funds alongside proprietary products, with RMB67.0 billion distributed in 2025.

seekingalpha.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Pricing details1 tier
1Diamond/Black Card VIP clients receive premium services including annual summits, global club access, and exclusive events
ModelOtherBilling cadenceOther
Notes

Client tiering system with Diamond and Black Card levels offering differentiated service access and exclusive experiences

noahgroup.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 8 records shown
1ARK
Description

Global wealth management platform serving high-net-worth clients across multiple jurisdictions

noahgroup.com
+7 more records
Core offering1 text field

Noah Holdings distributes and manages wealth management and asset management products for global Chinese high-net-worth investors through four integrated platforms—ARK Wealth Management, Olive Asset Management, Glory Family Heritage, and Noah Zhengxing—delivering global asset allocation, family succession planning, and cross-border RMB and USD-denominated investment solutions via AI-native infrastructure spanning Shanghai, Hong Kong, Singapore, Japan, and the United States.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Operating margin improved to 37.8% in Q1 2026, near-record level
+4 more records
Product overview1 text field

Noah Holdings operates as an AI-native wealth management institution serving global Chinese high-net-worth families through a four-platform architecture: ARK (global wealth management), Olive (asset management), Glory (family heritage), and Zhengxing (RMB global allocation). The platforms are coordinated through Noah's AI Intelligent Service Platform, with AI-powered tools including Noya Relationship Manager and iARK digital platform enhancing service delivery across USD 153B+ in cumulative assets配置的.

Product and service2 records
1ARK Wealth Management Platform
CategoryWealth Management
Description

Global wealth management platform serving as Noah's primary client-facing service for high-net-worth Chinese investors, offering multi-jurisdictional wealth management across Shanghai, Hong Kong, Singapore, and the United States with AI-powered digital capabilities.

2Olive Asset Management Platform
Scale indicator13 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-27
Description

Olive Asset Management is Noah Holdings' asset management platform and key subsidiary. Together they co-hosted the NOAH | Olive AI Outlook 2026 forum in Hong Kong, bringing together over 300 global clients and representatives from major institutions. The partnership drives international expansion with USD-denominated asset management products.

Strategic tierMinorTypeOthersAnnounced on2026-03-27
Description

Major global investment firm that participated in the NOAH | Olive AI Outlook 2026 forum as a representative from major institutions, discussing AI's impact on wealth management and capital allocation.

Strategic tierMinorTypeOthersAnnounced on2026-03-27
Description

Australian multinational banking and financial services company that participated in the NOAH | Olive AI Outlook 2026 forum alongside other major institutional investors.

Strategic tierMinorTypeOthersAnnounced on2026-03-27
Description

American investment management firm that participated in the NOAH | Olive AI Outlook 2026 forum representing major global institutional investors.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-07
Description

ARK Wealth Management is Noah's subsidiary providing AI-powered independent wealth management. Named Hong Kong's Best Independent Wealth Manager and Best Independent Wealth Manager for Digital Solutions by Asian Private Banker. Part of Noah's four-platform structure serving global Chinese HNW clients.

Recent move10 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Swiss private bank with a meaningful Asia presence serving HNW and UHNW clients including global Chinese families. Comparable to Noah in independent ownership, family wealth focus, and cross-border advisory positioning, though smaller in Asia than Noah.

TypeRegional player
Description

Wealth management arm of Crédit Agricole with established Hong Kong and Singapore operations serving Asian and global Chinese HNW clients. Comparable to Noah in cross-border HNW positioning and family wealth services, though operating under a European bank parent.

TypeBroad incumbent
Description

World's largest global wealth manager (post-Credit Suisse acquisition) with a strong Asia and global Chinese HNW practice. Competes with Noah for the same cross-border Chinese HNW client, but operates at much greater scale and offers the full suite of investment banking and lending products.

TypeDirect peer
Description

Wealth management arm of China International Capital Corporation, serving HNW and institutional clients in China with strong cross-border investment banking linkages. Comparable to Noah in targeting Chinese HNW families seeking global asset allocation, with similar product distribution and advisory model.

TypeDirect peer
Description

Largest private banking franchise serving Chinese HNW clients domestically, with rapid growth in offshore wealth via Hong Kong. Directly comparable to Noah in target customer (Chinese HNW families) and core offering (asset allocation + advisory), though anchored in a deposit-taking bank parent.

TypeEmerging player
Description

Family-owned private banking and asset management group headquartered in Liechtenstein with growing Asia operations. Comparable to Noah in family-ownership DNA, HNW family focus, and multi-generational wealth services, though with stronger European roots and a smaller Asia footprint.

TypeRegional player
Description

Singapore-headquartered private bank (subsidiary of OCBC) with a large Southeast Asia and Greater China HNW franchise. Directly comparable to Noah's Singapore-centered overseas strategy and global Chinese HNW focus, though anchored in a regional bank parent.

TypeBroad incumbent
Description

One of the largest global private banks with a major Asia-focused wealth franchise serving Chinese HNW clients across Hong Kong, Singapore, and beyond. Comparable to Noah in serving global Chinese HNW families, but with a vastly larger balance sheet, lending capability, and product universe.

TypeDirect peer
Description

Major Chinese private bank serving HNW and emerging-affluent clients with insurance, trust, and wealth management products. Closely comparable to Noah's mix of insurance, family succession, and cross-border wealth services for Chinese HNW.

TypeBroad incumbent
Description

Swiss private wealth and asset management group with a long-standing Asia presence serving HNW and UHNW families, including global Chinese clients. Comparable to Noah in serving global Chinese HNW families with discretionary asset management and advisory, though with a much larger AUM base and broader European franchise.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries5 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment6 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Noah Holdings

Wealth Managementnoahgroup.com

Noah Holdings firmographics

Firmographics
Name
Noah Holdings
Legal name
Noah Holdings Limited
Website
https://noahgroup.com
Company type
Public
Founded year
2003
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Noah Holdings industry classification

Industry
Product category
Wealth Management
NAICS
Other Investment Pools and Funds (5259), Open-End Investment Funds (525910)
SIC
Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
akta.pro primary industry
Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)
akta.pro secondary industries
Robo-Advisors & Digital Wealth Managers (FSAAAAAD), Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE)

Keywords

  • Wealth management services
  • Global asset allocation
  • Family succession planning
  • Private equity products
  • Cross-border investment solutions

Where Noah Holdings is headquartered

Location

Headquarters

HQ city
Yangpu
HQ country
China
HQ region
Asia

Offices5 records

Markets served

Noah Holdings business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

  1. Wealth Management Products Distribution: Distribution of direct wealth management products and investment products, including fixed-yield products and private secondary products. Revenue declined from domestic operations as company shifts away from fixed-yield products.
  2. Asset Management Fees: Recurring management fees from assets under management across ARK Wealth Management, Olive Asset Management, and Glory Family Heritage platforms. Growing share of revenue as company pivots to asset management focus.
  3. Performance-Based Income: Performance fees from overseas private equity products, representing a growing share of revenue. Surged in 2025 driven by strong overseas product performance.
  4. Advisory Services: Advisory fees for global asset allocation and wealth structuring services. Overseas assets under advisory reached RMB66.1 billion as of Q1 2026.
  5. Fund Distribution: Distribution of third-party funds alongside proprietary products, with RMB67.0 billion distributed in 2025.

Pricing tiers

ModelBillingPrice
OtherOtherDiamond/Black Card VIP clients receive premium services including annual summits, global club access, and exclusive events

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Noah Holdings product offering

Product offering

Core offering

Noah Holdings distributes and manages wealth management and asset management products for global Chinese high-net-worth investors through four integrated platforms—ARK Wealth Management, Olive Asset Management, Glory Family Heritage, and Noah Zhengxing—delivering global asset allocation, family succession planning, and cross-border RMB and USD-denominated investment solutions via AI-native infrastructure spanning Shanghai, Hong Kong, Singapore, Japan, and the United States.

Product overview

Noah Holdings operates as an AI-native wealth management institution serving global Chinese high-net-worth families through a four-platform architecture: ARK (global wealth management), Olive (asset management), Glory (family heritage), and Zhengxing (RMB global allocation). The platforms are coordinated through Noah's AI Intelligent Service Platform, with AI-powered tools including Noya Relationship Manager and iARK digital platform enhancing service delivery across USD 153B+ in cumulative assets配置的.

Differentiator

Problem solved

Functional benefit

Brands

  • ARK: Global wealth management platform serving high-net-worth clients across multiple jurisdictions
  • Olive
  • Glory Family Heritage
  • Noah正行
  • Noya
  • iARK
  • N+ Club
  • N+ Art Club

Products and services

  • ARK Wealth Management Platform Global wealth management platform serving as Noah's primary client-facing service for high-net-worth Chinese investors, offering multi-jurisdictional wealth management across Shanghai, Hong Kong, Singapore, and the United States with AI-powered digital capabilities.
  • Olive Asset Management Platform

Quantifiable outcome

  • Operating margin improved to 37.8% in Q1 2026, near-record level
  • +4 more outcomes

Companies that use Noah Holdings

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Noah Holdings technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Noah Holdings partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Olive Asset ManagementcoreStrategic or Co-development Partner · 27 March 2026Olive Asset Management is Noah Holdings' asset management platform and key subsidiary. Together they co-hosted the NOAH | Olive AI Outlook 2026 forum in Hong Kong, bringing together over 300 global clients and representatives from major institutions. The partnership drives international expansion with USD-denominated asset management products.
  • KKRminorOthers · 27 March 2026Major global investment firm that participated in the NOAH | Olive AI Outlook 2026 forum as a representative from major institutions, discussing AI's impact on wealth management and capital allocation.
  • MacquarieminorOthers · 27 March 2026Australian multinational banking and financial services company that participated in the NOAH | Olive AI Outlook 2026 forum alongside other major institutional investors.
  • Wellington ManagementminorOthers · 27 March 2026American investment management firm that participated in the NOAH | Olive AI Outlook 2026 forum representing major global institutional investors.
  • ARK Wealth ManagementcoreStrategic or Co-development Partner · 7 December 2025ARK Wealth Management is Noah's subsidiary providing AI-powered independent wealth management. Named Hong Kong's Best Independent Wealth Manager and Best Independent Wealth Manager for Digital Solutions by Asian Private Banker. Part of Noah's four-platform structure serving global Chinese HNW clients.

Scale indicators13 records

Recent moves10 records

Expansion highlights6 records

Noah Holdings competitors and assessment

Company assessment

Emerging players

  • EFG International: Swiss private bank with a meaningful Asia presence serving HNW and UHNW clients including global Chinese families. Comparable to Noah in independent ownership, family wealth focus, and cross-border advisory positioning, though smaller in Asia than Noah.
  • LGT Group: Family-owned private banking and asset management group headquartered in Liechtenstein with growing Asia operations. Comparable to Noah in family-ownership DNA, HNW family focus, and multi-generational wealth services, though with stronger European roots and a smaller Asia footprint.

Regional players

  • Indosuez Wealth Management (Crédit Agricole CIB): Wealth management arm of Crédit Agricole with established Hong Kong and Singapore operations serving Asian and global Chinese HNW clients. Comparable to Noah in cross-border HNW positioning and family wealth services, though operating under a European bank parent.
  • Bank of Singapore (OCBC): Singapore-headquartered private bank (subsidiary of OCBC) with a large Southeast Asia and Greater China HNW franchise. Directly comparable to Noah's Singapore-centered overseas strategy and global Chinese HNW focus, though anchored in a regional bank parent.

Broad incumbents

  • UBS Global Wealth Management: World's largest global wealth manager (post-Credit Suisse acquisition) with a strong Asia and global Chinese HNW practice. Competes with Noah for the same cross-border Chinese HNW client, but operates at much greater scale and offers the full suite of investment banking and lending products.
  • HSBC Global Private Banking: One of the largest global private banks with a major Asia-focused wealth franchise serving Chinese HNW clients across Hong Kong, Singapore, and beyond. Comparable to Noah in serving global Chinese HNW families, but with a vastly larger balance sheet, lending capability, and product universe.
  • Pictet Group: Swiss private wealth and asset management group with a long-standing Asia presence serving HNW and UHNW families, including global Chinese clients. Comparable to Noah in serving global Chinese HNW families with discretionary asset management and advisory, though with a much larger AUM base and broader European franchise.

Direct peers

  • CICC Wealth Management: Wealth management arm of China International Capital Corporation, serving HNW and institutional clients in China with strong cross-border investment banking linkages. Comparable to Noah in targeting Chinese HNW families seeking global asset allocation, with similar product distribution and advisory model.
  • China Merchants Bank (CMB) Private Banking: Largest private banking franchise serving Chinese HNW clients domestically, with rapid growth in offshore wealth via Hong Kong. Directly comparable to Noah in target customer (Chinese HNW families) and core offering (asset allocation + advisory), though anchored in a deposit-taking bank parent.
  • Ping An Group Private Banking: Major Chinese private bank serving HNW and emerging-affluent clients with insurance, trust, and wealth management products. Closely comparable to Noah's mix of insurance, family succession, and cross-border wealth services for Chinese HNW.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Noah Holdings social profiles

Digital presence

Noah Holdings financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Noah Holdings leadership team

Management profile

Number of profiles

Profiles6 records

Noah Holdings subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

Noah Holdings funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Noah Holdings M&A and investment

M&A and investment

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Noah Holdings

What does Noah Holdings do?

Noah Holdings distributes and manages wealth management and asset management products for global Chinese high-net-worth investors through four integrated platforms—ARK Wealth Management, Olive Asset Management, Glory Family Heritage, and Noah Zhengxing—delivering global asset allocation, family succession planning, and cross-border RMB and USD-denominated investment solutions via AI-native infrastructure spanning Shanghai, Hong Kong, Singapore, Japan, and the United States.

Is Noah Holdings a public or private company?

Noah Holdings is a public company. It is classified as public and is currently operating.

When was Noah Holdings founded?

Noah Holdings was founded in 2003. It employs 1,001 to 5,000 people.

Where is Noah Holdings based?

Noah Holdings is headquartered in Yangpu, China, in the Asia region.

How does Noah Holdings make money?

Five revenue lines are on record. Wealth Management Products Distribution is the primary driver. The others are asset Management Fees, performance-Based Income, advisory Services and fund Distribution.

Who are Noah Holdings's main competitors?

Emerging players on record are EFG International and LGT Group. Regional players are Indosuez Wealth Management (Crédit Agricole CIB) and Bank of Singapore (OCBC). Broad incumbents are UBS Global Wealth Management, HSBC Global Private Banking and Pictet Group. Direct peers are CICC Wealth Management, China Merchants Bank (CMB) Private Banking and Ping An Group Private Banking.

Does Noah Holdings have an API?

No public API is recorded for Noah Holdings.

What industry is Noah Holdings in?

Noah Holdings's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAH, Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite), with a secondary code of FSAAAAAD, Robo-Advisors & Digital Wealth Managers. Its NAICS code is 5259 and its SIC code is 6211.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
The future of tradingNoah Holdings hosts 2026 Global Investor Summit in Hong Kong on AI-driven wealth management shiftNoah Holdings hosted its 2026 Global Investor Summit in Hong Kong, themed 'The Year of Realization: A New Chapter in Global Allocation.' Management positioned AI-driven productivity shifts as a catalyst for changes in wealth creation, long-term planning, and asset allocation. The group highlighted integration of its wealth, asset allocation, and family heritage platforms to deliver investment execution, private-market allocation, and succession planning.Stock TitanNoah Holdings Hosts 2026 Investor Summit on AINoah Holdings hosted its 2026 Global Investor Summit, titled 'The Year of Realization: A New Chapter in Global Allocation.' The event detailed how AI, global manager networks, and three coordinated platforms support long-term wealth planning for global Chinese families.PR Newswire APACNoah Holdings Hosts 2026 Global Investor Summit "The Year of Realization: A New Chapter in Global Allocation"Noah Holdings held its 2026 Global Investor Summit in Hong Kong, themed "The Year of Realization: A New Chapter in Global Allocation." The summit addressed AI-driven industry transformation and long-term wealth planning for global Chinese families, with participation from partners like GIP and Macquarie. Noah will continue connecting global investment resources through its three platforms.AInvestNoah's N+ Club Sells Families a Life Abroad. The Money Hasn't Followed.Noah Holdings' overseas revenue reached 49% of full-year 2025 net revenue, but international assets under administration remained flat at RMB 66.3 billion. Operating margin hit 34.8% after cutting compensation, yet client registrations did not convert to assets. The company's valuation sits below its cash, but the conversion gap remains unresolved.Pulse 2.0Noah Holdings Adds Tianjing Zhang From HOZU Capital To Board As AUM Reaches $20.8 BillionNoah Holdings appointed Tianjing Zhang as an independent director, effective August 29, 2026, while restructuring its Audit, Compensation and Corporate Governance and Nominating committees. Zhang, Head of International Business at HOZU Capital, brings nearly two decades of cross-border legal experience. The company distributed RMB40.4 billion, or about $6 billion, of investment products in the first half of 2026, with RMB140.9 billion, or $20.8 billion, in assets under management.AijournNoah Holdings Limited Announces Changes to the Board and Board CommitteesNoah Holdings Limited announced on August 28, 2026 that it appointed Tianjing Zhang as an independent director effective August 29, 2026, and re-designated David Zhang as an independent director under Hong Kong Listing Rules. Independent director Cynthia Jinhong Meng retired after three years of service. The Audit, Compensation and Corporate Governance and Nominating Committees were reconstituted accordingly.PR Newswire APACNoah Holdings Limited Announces Changes to the Board and Board CommitteesNoah Holdings Limited announced on August 29, 2026 the appointment of Tianjing Zhang as an independent director and the re-designation of David Zhang as an independent director under Hong Kong Listing Rules, after Cynthia Jinhong Meng retired. The Audit, Compensation and Corporate Governance and Nominating Committees were reconstituted with the new members. Noah reported RMB40.4 billion in distributed investment products in the first half of 2026 and RMB140.9 billion in assets under management as of June 30, 2026.Stock TitanNoah Holdings to Name Tianjing Zhang Independent DirectorNoah Holdings Limited announced on August 28, 2026 that it appointed Ms. Tianjing Zhang as an independent director effective August 29, 2026, and re-designated Mr. David Zhang as an independent director under Hong Kong Listing Rules. Ms. Cynthia Jinhong Meng retired as independent director after three years. The Audit, Compensation and Corporate Governance and Nominating Committees were also reconstituted.PR NewswireNoah Holdings Limited Announces Changes to the Board and Board CommitteesNoah Holdings Limited announced on August 28, 2026 that it appointed Tianjing Zhang as an independent director effective August 29, 2026, and re-designated David Zhang as an independent director under Hong Kong Listing Rules. Independent director Cynthia Jinhong Meng retired after three years of service. The Board also reshuffled its Audit, Compensation and Corporate Governance and Nominating Committees.Pulse 2.0Noah: Operating Income Jumps 34% Despite 1.5% Revenue Decline As Costs FallNoah Holdings reported second-quarter net revenue down 1.5% year-over-year to RMB619.9 million, while operating income rose 34% to RMB215.8 million and net income to RMB232.2 million. The improvement stemmed from lower operating costs, down about 14% to RMB404.1 million, and reduced credit-loss provisions. Active clients grew 12.4% to 10,296.