Noah Holdings was broken on the first day of the listing of Hong Kong stocks, closing a 4.45% closing of 4.45%

On July 13, Noah Holdings (06686.HK) landed on the Hong Kong Stock Exchange at the issue price of HK $ 292/share.

It is worth noting that Noah Holdings will break at the opening of the market, and the opening is reported to HK $ 285/share, a decrease of 2.40%; the lowest report is HK $ 270.60/share, a decrease of 7.33%. As of the close, the Noah Holdings News reported at HK $ 279.00/share, a decrease of 4.45%.

Noah Holdings Co., Ltd. used "Noah Wealth" as the brand, originating from China, listed on the New York Stock Exchange in 2010. After completing the listing of Hong Kong stocks, Noah Holdings became the first Chinese independent wealth management agency to realize the listing of Hong Kong stocks.

The prospectus shows that Noah intends to use the net amount of funds raised globally to further expand the company's wealth management business and asset management business, selectively conduct potential investment, continue to invest in internal science and technology research and development of various business lines, and expand overseas business.

Pan Qing, the chief financial officer of Noah Holdings, said that before the structure of Noah's shareholders is mainly Europe and the United States, one of the goals of this time to go to Hong Kong is to hope that the structure of investors can be diversified. Sexual issues.

Data show that the company's income from 2019 to 2021 was 1.761 billion, 1.755 billion, and 2.598 billion yuan, respectively, and net profit was 863 million, -743 million, and 1.306 billion yuan, respectively. (WEMONEY Research Office Liu Shuangxia/Edit)

- END -