Noah Showcases Global Expansion and Investment Product Leadership at 2024 Corporate Open Day
Noah Holdings hosted its 2024 Corporate Open Day in Hong Kong, showcasing strategic initiatives for global expansion and investment product leadership. The company highlighted its new brands: ARK Private Wealth, Olive Asset Management, and Glory Family Heritage for serving overseas Mandarin-speaking clients.
The company reported strong overseas performance with net revenues growing 28.9% year-over-year and 35.3% sequentially in Q3 2024. Noah is expanding its global presence with offices in Hong Kong, Singapore, Japan, and planned operations in the U.S., focusing on underserved Mandarin-speaking investors in emerging markets.
The event emphasized Noah's expanded product offerings in cash management, structured products, hedge funds, private credit, and infrastructure, alongside its traditional strengths in private equity and venture capital.
Noah Holdings ha ospitato il suo Open Day Aziendale 2024 a Hong Kong, presentando iniziative strategiche per l'espansione globale e la leadership nei prodotti di investimento. L'azienda ha messo in evidenza i suoi nuovi marchi: ARK Private Wealth, Olive Asset Management e Glory Family Heritage per servire i clienti di lingua mandarina all'estero.
L'azienda ha riportato prestazioni solide all'estero, con ricavi netti in crescita del 28,9% anno su anno e del 35,3% rispetto al trimestre precedente nel terzo trimestre del 2024. Noah sta ampliando la sua presenza globale con uffici a Hong Kong, Singapore, Giappone e operazioni pianificate negli Stati Uniti, concentrandosi su investitori di lingua mandarina non sufficientemente serviti nei mercati emergenti.
L'evento ha messo in evidenza l'ampliamento dell'offerta di prodotti di Noah nella gestione della liquidità, prodotti strutturati, fondi hedge, credito privato e infrastrutture, insieme ai suoi punti di forza tradizionali nel private equity e nel venture capital.
Noah Holdings realizó su Día Abierto Corporativo 2024 en Hong Kong, presentando iniciativas estratégicas para la expansión global y el liderazgo en productos de inversión. La empresa destacó sus nuevas marcas: ARK Private Wealth, Olive Asset Management y Glory Family Heritage para atender a clientes que hablan mandarín en el extranjero.
La compañía informó de un sólido rendimiento en el extranjero, con ingresos netos que crecieron un 28,9% interanual y un 35,3% secuencialmente en el tercer trimestre de 2024. Noah está expandiendo su presencia global con oficinas en Hong Kong, Singapur, Japón y operaciones planificadas en EE.UU., enfocándose en inversores de habla mandarín en mercados emergentes que no están suficientemente atendidos.
El evento enfatizó la ampliación de la oferta de productos de Noah en gestión de efectivo, productos estructurados, fondos de cobertura, crédito privado e infraestructura, junto con sus fortalezas tradicionales en capital privado y capital de riesgo.
노아 홀딩스는 2024년 홍콩에서 기업 오픈 데이를 개최하여 글로벌 확장과 투자 상품 리더십을 위한 전략 이니셔티브를 선보였습니다. 회사는 해외 만다린어 고객을 위한 ARK Private Wealth, Olive Asset Management 및 Glory Family Heritage라는 새로운 브랜드를 강조했습니다.
회사는 해외에서의 강력한 성과를 보고했으며, 2024년 3분기 매출이 전년 대비 28.9%, 전 분기 대비 35.3% 성장했습니다. 노아는 홍콩, 싱가포르, 일본에 사무소를 두고 미국에서의 운영을 계획하면서, 신흥 시장에서 충분히 서비스를 받지 못하고 있는 만다린어를 사용하는 투자자들에게 집중하고 있습니다.
이번 행사에서는 현금 관리, 구조화 상품, 헤지펀드, 사모 대출 및 인프라에 대한 노아의 확대된 제품 라인을 강조했으며, 전통적인 사모펀드 및 벤처 캐피탈 강점도 함께 강조되었습니다.
Noah Holdings a organisé sa Journée Portes Ouvertes 2024 à Hong Kong, présentant des initiatives stratégiques pour l'expansion mondiale et le leadership en matière de produits d'investissement. La société a mis en avant ses nouvelles marques : ARK Private Wealth, Olive Asset Management et Glory Family Heritage pour servir des clients mandarinophones à l'étranger.
L'entreprise a rapporté de solides performances à l'étranger, avec un chiffre d'affaires net en hausse de 28,9 % d'une année sur l'autre et de 35,3 % par rapport au trimestre précédent au troisième trimestre 2024. Noah étend sa présence mondiale avec des bureaux à Hong Kong, Singapour, au Japon et prévoit des opérations aux États-Unis, en se concentrant sur les investisseurs mandarinophones insuffisamment desservis sur les marchés émergents.
L'événement a souligné l'élargissement de l'offre de produits de Noah en matière de gestion de trésorerie, de produits structurés, de fonds spéculatifs, de crédit privé et d'infrastructure, tout en mettant en avant ses forces traditionnelles en capital-investissement et en capital-risque.
Noah Holdings veranstaltete seinen Corporate Open Day 2024 in Hongkong und präsentierte strategische Initiativen zur globalen Expansion und zur Führungsrolle bei Anlageprodukten. Das Unternehmen hob seine neuen Marken hervor: ARK Private Wealth, Olive Asset Management und Glory Family Heritage, die sich an ausländische Mandarin-sprechende Kunden richten.
Das Unternehmen berichtete von einer starken Leistung im Ausland, mit einem Nettoumsatzwachstum von 28,9 % im Jahresvergleich und 35,3 % im Vergleich zum Vorquartal im dritten Quartal 2024. Noah erweitert seine globale Präsenz mit Büros in Hongkong, Singapur, Japan und plant Operationen in den USA, wobei der Fokus auf nicht ausreichend bedienten Mandarin-sprechenden Investoren in Schwellenländern liegt.
Die Veranstaltung betonte Noahs erweitertes Produktangebot in der Liquiditätsverwaltung, strukturierten Produkten, Hedgefonds, privatem Kredit und Infrastruktur, neben seinen traditionellen Stärken im Private Equity und Venture Capital.
- Overseas net revenues grew 28.9% YoY and 35.3% QoQ in Q3 2024
- Geographic expansion with new offices in key markets (Hong Kong, Singapore, Japan, US)
- Launch of three new specialized brands for international markets
- Diversification of product offerings into multiple asset classes
- None.
Insights
The Corporate Open Day reveals Noah's strategic transformation and expansion initiatives, with notable 28.9% year-over-year and 35.3% sequential growth in overseas revenues during Q3 2024. The company's three-pronged approach through ARK Private Wealth, Olive Asset Management and Glory Family Heritage positions it strategically in the growing global wealth management market for Mandarin-speaking clients.
The expansion into Japan and planned presence in key markets like Hong Kong, Singapore and the U.S. demonstrates a calculated move to capture market share in regions with high concentrations of high-net-worth Mandarin-speaking individuals. The diversification of product offerings into alternative assets, structured products and digital insurance platforms indicates a robust strategy to increase revenue streams and client wallet share.
Noah's strategic pivot towards global markets and comprehensive service offerings addresses a important gap in the wealth management sector for Mandarin-speaking high-net-worth individuals. The company's expansion through multiple specialized brands shows market segmentation maturity and understanding of diverse client needs.
The development of digital insurance platforms and comprehensive service matrix indicates strong potential for market penetration and revenue growth through multiple channels. The focus on alternative investments and global asset allocation strategies positions Noah to capitalize on the increasing sophistication of Asian investors seeking international diversification.
- Accelerating global expansion into emerging markets with new brands
- Global investment allocation strategies and expanded product offerings drive long-term value for clients
- Expanding comprehensive service matrix to address evolving client needs globally
At the event, Noah's executive management team outlined the Company's strategic initiatives including global expansion, innovation, and competitive global investment product offerings and comprehensive service matrix. Presentations provided insights into the evolving wealth management needs of global Mandarin-speaking individuals and corporate clients, including shifts in investment preferences, global asset allocation strategies, and the challenges of navigating global markets.
Noah's co-founder and Chairwoman, Ms. Jingbo Wang, reflected on the event and the Company's vision for the future: "Noah's mission has always been to empower our clients with the best tools and strategies to thrive in an increasingly complex and interconnected world. Our 2024 Corporate Open Day demonstrated how we are turning this vision into reality—by expanding our global presence, advancing our technological capabilities, and offering sophisticated global investment solutions tailored to our clients' unique needs."
"This year, we've experienced a challenging and rapidly evolving macroeconomic landscape, and have responded with agility, deepening our expertise in global alternative investments and expanding offerings like digitalized insurance and global corporate services. These efforts are designed to create meaningful value for our clients to capitalize on opportunities in dynamic markets and are already improving our financial performance with net revenues from overseas growing by
"As we look to the future, Noah will continue to lead with innovation, collaboration, and a commitment to excellence, shaping the global wealth management industry for Mandarin-speaking clients and advancing opportunities for our clients, partners, and the communities we serve."
Additional highlights from the 2024 Corporate Open Day are included below.
Strategic Focus and Global Expansion
Noah reaffirmed its commitment to expanding its global footprint, with discussions highlighting the Company's recent launch of its new brands to serve overseas Mandarin-speaking clients: its wealth management arm ARK Private Wealth; asset management arm Olive Asset Management; and global insurance, trust, and comprehensive services arm Glory Family Heritage.
Panelists highlighted the significant unmet demand among domestic clients for international wealth management services, noting how Noah's expanding global presence uniquely positions it to service the needs of this still-growing client base while simultaneously unlocking opportunities with underserved Mandarin-speaking investors in local markets. Noah's recently opened office in
Global Asset Allocation Strategies and Competitive Product Offerings
The 2024 Corporate Open Day highlighted Noah's ability to deliver global asset allocation strategies informed by the current macroeconomic and interest rate environment. Panel discussions explored Noah's unique competitive advantage in alternative assets and expanded product offerings in cash management, structured products, hedge funds, private credit, and infrastructure, in addition to its traditional strengthens in private equity and venture capital. Panelists discussed how Noah's robust and comprehensive product coverage and selection capabilities are building globally competitive product lines that are increasingly capturing a larger share of clients' wallets with significant potential remaining for alternative asset allocation among prospective overseas clients. Noah's commitment to providing clients with sophisticated solutions that address their needs for diversification, risk management, and long-term growth remains firm.
Comprehensive Service Matrix to Address Emerging Client Priorities
The event showcased Noah's pioneering efforts to adapt to evolving client needs and strengthen client stickiness through innovative new products and services. Noah has directly aligned its service matrix with the evolving needs of its substantial client base which predominantly consists of entrepreneurs it has serviced for years onshore who are now seeking to expand overseas. Panelists highlighted how Noah's deep insights into the needs of global Mandarin-speaking clients and international perspective seamlessly address this demand by helping them navigate an increasingly complex global environment.
Glory Family Heritage is exploring new business models and leveraging the synergies with Noah's global ecosystem to offer global lifestyle, global insurance, tax advisory, trust services, and other integrated solutions. Its digital insurance platform has redefined efficiency and transparency and was the first to offer digital insurance applications and premium payments in
Webcast Replay and Presentation Materials
A replay of the event can be viewed on the Company's investor relations website under the "News & Events" section at http://ir.noahgroup.com.
ABOUT NOAH HOLDINGS LIMITED
Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for mandarin-speaking high-net-worth investors. In the first nine months of 2024, Noah distributed RMB47.6 billion (
Noah's wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies. Noah's network covers major cities in mainland
For more information, please visit Noah at ir.noahgroup.com.
SAFE HARBOR STATEMENT
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. These statements include, but are not limited to, estimates regarding the sufficiency of Noah's cash and cash equivalents and liquidity risk. A number of factors could cause Noah's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; investment risks associated with investment products distributed to Noah's investors, including the risk of default by counterparties or loss of value due to market or business conditions or misconduct by counterparties; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions globally and in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah's filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law.
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SOURCE Noah Holdings Limited
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