The Traderszone Network

Published in TZ Latest News 4 December, 2015 by The TZ Newswire Staff

Noah Holdings Helps China’s Growing Rich Class

The Chinese are getting richer. Last year, the number of millionaire households in China was 4 million, as 1 million were added to the total. It was the second-highest total of rich households after the U.S., with 7 million, says a study by the Boston Consulting Group. For Noah Holdings (NOAH), it’s a favorable trend. The company is a wealth manager based in Shanghai with more than $12 billion in assets under management.

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