Noah Holdings

Noah Holdings appointed Tianjing Zhang as an independent member of the board effective Friday; Cynthia Jinhong Meng is stepping down after three years, not due to any disagreement. David Zhang was simultaneously reclassified as an independent board member under the Hong Kong listing rules. The board changed the composition of its committees; the audit, remuneration, and corporate-governance and nomination committees were reconstituted. As of June 30, 2026, the company served 469,987 registered clients and managed assets of RMB 140.9 billion. » Plus sur de.investing.com

Noah Holdings reported a 30% rise in GAAP net income to 232 million yuan for Q2 2026 and a non-GAAP net income of 238 million yuan, while net revenue fell 1.5% to 619.9 million yuan. Operating margin expanded to 34.8% thanks to cost cuts and a higher‑margin business mix; the AI-driven asset management model in Singapore manages over $400 million and reached monthly breakeven in July. The stock fell 3.76% in after-hours trading to $8.44 as investors questioned the weak revenue growth and uncertainty over scalability of new revenue sources. Management expects an operating margin above 30% for 2026 and plans to replicate the AI platform in additional markets, while maintaining a high dividend policy (current yield 15.11%). » Plus sur de.investing.com

Noah Holdings recorded a 27.1% year‑over‑year increase in operating profit in Q1 2026 with an operating margin of 37.8%. Net revenue rose 1.8% year‑on‑year to RMB 626 million but was 14.7% below the prior quarter; Non‑GAAP net income was RMB 134 million (margin 21.4%). Management emphasizes a strategic shift toward asset‑oriented products and the use of AI for portfolio optimization, and expects EPS of $1.49 for 2026 ($1.57 for 2027) as well as revenue forecasts of $395.98 million and $413.34 million. Risks remain pressure from the insurance business, mark‑to‑market volatility and macroeconomic/regulatory influences. » Plus sur de.investing.com