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KinGSolomonsPOOLs

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KinGSolomonsPOOLs

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Thursday, 11/11/2010 2:16:29 PM

Thursday, November 11, 2010 2:16:29 PM

Post# of 34
Investors Look for China Wealth In Noah Holdings (NOAH) IPO


November 10, 2010 11:28 AM EST
The IPO for Chinese wealth management firm Noah Holdings (NYSE: NOAH) is having a stellar day. After pricing at $12, and opening at $15, shares have jumped above $17 per share.

Currently the stock is up 40 percent to $16.80.

Noah Holdings provides wealth management products to the high net worth population in China.

Noah Holdings ranked as the largest independent wealth management product distributor in China as measured by the number of registered clients and breadth of coverage network in 2009.

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