Brief: Noah Holdings Gives Updates On Status Of Certain Credit Funds

Noah Holdings

08/07/2019 12:45

July 8 (Reuters) - Noah Holdings Ltd  NOAH.N :
    * NOAH HOLDINGS PROVIDES UPDATES ON STATUS OF CERTAIN CREDIT
FUNDS
MANAGED BY SHANGHAI GOPHER ASSET MANAGEMENT
    * NOAH HOLDINGS - SOME SHANGHAI GOPHER MANAGED CREDIT FUNDS
PROVIDED SUPPLY CHAIN FINANCING INVOLVING THIRD PARTY COS
RELATED TO CAMSING INTERNATIONAL
    * NOAH HOLDINGS LTD - SUPPLY CHAIN FINANCING TO THIRD PARTY
COS
RELATED TO CAMSING INTERNATIONAL HOLDING HAD TOTAL PRINCIPAL
AMOUNT OF ABOUT RMB3.4 BILLION
    * NOAH HOLDINGS - CONTROLLING SHAREHOLDER OF CAMSING
RECENTLY
CRIMINALLY DETAINED BY CHINESE POLICE IN CONNECTION WITH
SUSPECTED FRAUDULENT ACTIVITY
    * NOAH HOLDINGS LTD - AS FUND MANAGER FOR FUNDS THAT
PROVIDED
SUPPLY CHAIN FINANCING, SHANGHAI GOPHER ASSET MANAGEMENT HAS
INITIATED VARIOUS LEGAL ACTIONS

Source text for Eikon:  ID:nPn1KF8qLa 
Further company coverage:  NOAH.N 

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