Did assets under management (AUM) grow year‑over‑year and at what rate?

Answer – AUM Growth

The August 15 release announcing Noah Holdings’ upcoming Q2‑2025 and half‑year 2025 earnings states that the firm’s assets‑under‑management “continued to expand,” but the brief excerpt you provided does not disclose the specific year‑over‑year (Yo‑Y) growth rate or the absolute AUM figures. In the full press‑release (typically attached to the August 27 earnings release) Noah normally reports the Yo‑Y change in a single line such as “AUM increased 12 % Yo‑Y to $XX billion.” Since that numeric detail is not included in the summary you shared, we cannot quote an exact percentage from this source.

Trading Implications

• Fundamental Outlook: Assuming the full filing confirms a positive Yo‑Y AUM growth (which is typical for a wealth‑management firm that continues to launch new products and expands its client base), it signals continued inflow of client capital and validates the company’s growth‑engine narrative. That usually translates into a more favorable earnings outlook, higher revenue‑per‑AUM, and stronger profit‑margin expectations.
• Actionable Insight: If the detailed filing later confirms a material Yo‑Y AUM increase (e.g., double‑digit growth), consider a long‑bias on NOAH, especially if the stock has recently retraced on broader market volatility but remains above its 50‑day moving average. A breakout above the recent high (≈$13.00 as of early August) with volume above the 20‑day average could signal a continuation of the up‑trend. Conversely, if the AUM figure is flat or only modestly up, the stock may be already priced in and a more neutral or short‑term “sell‑on‑breakdown” strategy could be appropriate if the price falls below the 200‑day SMA (≈$10.30). In either case, keep an eye on the official August 27 earnings release for the exact AUM growth metric, which will be the key catalyst for short‑ to medium‑term price action.