SHANGHAI, July 1, 2025 /PRNewswire/ — Recently, Mr. Pan Qing, CFO of Noah Holdings and CEO of ARK Hong Kong, was interviewed by Ming Pao, a leading mainstream media in Hong Kong known for its principle of “credibility first” and significant influence.
In the interview, Mr. Pan Qing provided an in-depth analysis of the group’s core development topics, covering strategic interpretations of financial data, expansion in the Hong Kong market and breakthroughs in business diversification, global network layout and upgrades to customer service systems, iterative trends in the wealth management industry and strategic responses, as well as shareholder return mechanisms and long-term value commitments, among other key dimensions.
In recent years, Noah Holdings, to which ARK belongs, has been committed to global development and actively expanding into overseas markets. Overseas business now accounts for over 50% of operating profits. Mr. Pan Qing stated during the interview that the company plans to continue expanding its overseas operations and will explore development opportunities in Europe and Australia.
As an international brand newly upgraded by Noah Holdings, Noah ARK will take over Noah’s overseas wealth management business, aiming to become the preferred wealth management platform for global Chinese clients, making their wealth smarter.
ARK has specially compiled the content of this interview to provide you with a deeper understanding of Noah and ARK’s strategic layout and development vision.
Overseas Business Continues to Expand. Focus on Alternative Investment Layout
In terms of regional expansion, Noah’s presence in the Hong Kong market is particularly notable. Pan Qing pointed out that in 2024, the group expanded its office space in Times Square, Causeway Bay, by an additional floor. The Hong Kong team now comprises 300 people, with further expansion plans in the pipeline.
On the business front, Noah is actively developing alternative investment areas in Hong Kong, including private credit, hedge funds, and structured products, among other diversified categories, to provide clients with richer asset allocation options.
Accelerating Overseas Base Construction, Singapore as Global Headquarters
Beyond Hong Kong, Noah has established branches in Canada, Silicon Valley, Los Angeles, and Singapore. Among these, the Singapore office serves as the global business headquarters, with a team of 50 people.
Pan Qing emphasized that the core strategy of overseas business revolves around meeting the needs of Chinese entrepreneur clients, offering end-to-end support from product design to after-sales services. By leveraging localized teams to connect global resources, the company enhances the depth of customer service.
At the same time, the company will continue to expand its overseas operations. Mr. Pan Qing shared that opportunities in Europe and Australia will be explored.
Wealth Management Needs Upgrade, FCN and Digital Assets in Focus
Discussing industry changes, Pan Qing noted that wealth management is transitioning from a traditional “product-oriented” approach to a “client needs-oriented” one.
“In the past, clients focused mainly on stocks, bonds, and private equity fund transactions. In recent years, they have demanded more diversification and placed greater emphasis on liquidity, requiring comprehensive advice.”
Pan Qing pointed out that clients are currently keen on tools such as Fixed Coupon Notes (FCN) in their product allocations, while also seeking balance with stocks and other investment instruments. To this end, Noah is strengthening collaborations with global leading suppliers to customize suitable investment solutions.
Additionally, with the acceleration of intergenerational wealth transfer, second-generation clients have shown strong interest in digital assets and U.S. tech stocks. The group has formed a younger customer relationship management team to cater to these emerging needs.
Furthermore, he mentioned that the group has distributed HKD 1.8 billion in dividends from 2022 to 2024 and plans to maintain shareholder dividends in 2025.
