5 Chinese Stocks to Buy According to Jonathan Guo’s Yiheng Capital

2. Noah Holdings Limited (NYSE:NOAH)

Guo’s Stake Value: $313.7 million
Percentage of Jonathan Guo’s 13F Portfolio: 12.62%
Number of Hedge Fund Holders: 17

Noah Holdings Limited (NYSE:NOAH) is a leading wealth management service provider in China. Catering primarily to high net worth investors, the company offers comprehensive one-stop advisory services on global investment and asset allocation. Ranked second on the list of the 10 Chinese stocks to buy according to Jonathan Guo’s Yiheng Capital, Noah Holdings Limited (NYSE:NOAH) has a market capitalization of $2.16 billion.

According to the 13F Filings for the second quarter of 2021, Jonathan Guo’s Yiheng Capital holds 6.64 million shares of Noah Holdings Limited (NYSE:NOAH), worth $313.7 million and representing 12.62% of the fund’s portfolio. For the second quarter of 2021, Noah Holdings Limited (NYSE:NOAH) reported revenues of $139.3 million, a 20.3% increase from the corresponding period in 2020.

Out of the hedge funds being tracked by Insider Monkey’s database, New York-based investment firm, Tiger Pacific Capital is a leading shareholder in Noah Holdings Limited (NYSE:NOAH) with 2.64 million shares worth more than $124.97 million.