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Fenghuang Finance's stock price did not experience a pump despite the "Purchase of 10,000 Ethereum" news, decreasing by 4.09% during intraday trading.

2025.09.03 10:56:49

On September 3rd, based on market information, Noah Holdings (HK:00376) opened high and declined low today. It dropped 4.09% intraday, and the stock price is currently at 3.52 Hong Kong dollars. Regarding yesterday's news, Noah Holdings announced the purchase of 10,000 ETH to establish an Ethereum asset reserve. According to public data, Alibaba's founder Jack Ma indirectly holds about 11.15% of Noah Holdings through Yunfeng Fund. He holds 29.85% in Noah Holdings Limited and 40% in Shanghai Yunfeng Innovation (without voting rights).
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