Noah Holdings Updates on Arbitration Rulings in Camsing-Linked Fund Disputes
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Noah Holdings Ltd. announced updates on arbitration rulings concerning credit funds linked to Camsing International fraud. Shanghai Gopher Asset Management must compensate investors for 70% of principal investments in 16 cases, totaling RMB36.5 million. Interest claims were rejected. The board is assessing the financial impact and will provide updates. Noah Holdings operates in private wealth and asset management, listed in Hong Kong.
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