Noah Holdings (HKG:6686) saw its stock price surge 5.08% in Thursday's intraday trading session, following the release of its impressive second quarter 2025 financial results. The wealth management firm reported significant growth in profitability and continued expansion of its overseas business, attracting investor attention.
According to the company's announcement, Noah Holdings' net income attributable to shareholders for Q2 2025 reached 178.6 million yuan, marking a substantial 79% increase from the same period last year. The firm's net revenues also saw a modest 2.2% year-on-year growth, reaching 629.5 million yuan. Notably, the company's operating margin improved to 25.6%, up from 21.8% in the corresponding quarter of 2024.
Investors were particularly encouraged by Noah's strong performance in its overseas operations. The company reported that its overseas business now represents nearly 50% of total net revenues, underscoring the effectiveness of its global expansion strategy. Additionally, Noah saw a 13% year-on-year increase in its overseas registered clients and a 12.5% rise in overseas active clients. These positive indicators, coupled with the overall robust financial results, appear to be the primary drivers behind the stock's significant price movement today.
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