—— Shaping Resilient and Innovative Allocation Strategies for the Future

SINGAPORE, Aug. 1, 2025 /PRNewswire/ — Noah Holdings Limited’s (“Noah” or “the Company”) (NYSE: NOAH, HKEX: 6686) global wealth management platform for global Chinese investors, ARK Wealth Management (“ARK Wealth”), held its inaugural ARK Global Chinese Wealth Management and Inheritance Summit (the “Summit”) on August 1, 2025, at the Ritz-Carlton in Singapore.

The event marks the Company’s first major international event since establishing its overseas headquarters for ARK Wealth in Singapore earlier this year, and carried special significance as it coincided with Singapore’s 60th anniversary of independence. To honor the milestone, Noah Philharmonic Orchestra held a charity concert at the Esplanade – Theatres on the Bay performing arts center, offering a cultural tribute to the city-state and reflecting Noah and ARK Wealth’s long-term commitment to the region.

Attended by approximately 500 investors, executives, academics, and wealth management professionals from across the globe, the Summit featured nearly 30 speakers who addressed key themes shaping today’s financial landscape, including macroeconomic trends, investment strategies for turbulent times, multigenerational wealth transfer, and the innovation-driven structural shifts impacting capital markets.

Jingbo Wang, Co-Founder and Chairwoman of Noah Holdings, commented: “For 20 years, Noah has stood by our clients through global change. Hosting this inaugural Summit in Singapore at the time of its 60th anniversary is not only a tribute to the city-state’s unique role as a global financial hub, but also a reaffirmation of our long-term commitment to building trust and resilience for global Chinese investors.” 

Zander Yin, CEO of Noah Holdings Limited, added, “This is not just a gathering; it is a strategic signal. Singapore is not only our new overseas headquarters, but also a vital hub for fostering cross-border discussions on wealth, trust, and resilience. As global Chinese investors face rising uncertainty, we believe strategic asset allocation, technological alignment, and adopting a long-term view will define the next chapter in responsible wealth management.”

Global Perspectives: Resilience in an Age of Economic Turbulence

Renowned global speakers opened the summit by sharing their views on how investors can navigate a multipolar, fractured global economy.

Jim Rogers, investor, financial commentator, and Co-Founder of the Quantum Fund reflected on recurring patterns in history and the importance of geographic diversification and contrarian investing, stressing, “History doesn’t repeat word for word but the story is always familiar. Watch where the money is going, and don’t be afraid to wait for the right moment.”

Professor Danny Quah, Li Ka Shing Professor in Economics at the Lee Kuan Yew School of Public Policy, National University of Singapore, explored Asia’s growing role in the global order, stating, “The global center of gravity is moving eastward, not just economically, but also in policymaking and innovation. Multilateralism is not dead; it is being redefined. This presents both opportunity and responsibility for the region’s wealth holders.”

In a pre-recorded fireside chat with Zander Yin, Author of The Black Swan, and Antifragile, Nassim Nicholas Taleb, explored how investors can thrive amid disorder. Drawing on his experience of living through the Lebanese civil war in the 70’s, Taleb noted that crises often escape prediction, not because there are no warning signs, but because vulnerabilities are ignored. He encouraged Chinese investors to adopt barbell strategies—combining ultra-safe assets with asymmetric, high-risk bets that benefit from volatility. To build resilience in wealth structures, he emphasized the importance of decentralization, low leverage, and high optionality—principles critical to navigating an increasingly complex and fragile world.

CIO Report: Hedging Against Inflation to Tech-Driven Deflation

During the summit, ARK Wealth released its 2025 H2 CIO Report, outlining a fundamental shift from inflation-hedged asset allocation to a technology-deflation paradigm. The report argues that while the past two decades focused on hedging against inflation and allocating to inflation-hedged assets, the next twenty years could be defined by understanding, embracing, and capitalizing on deflation driven by technological progress.

Thematic Panels: Navigating Innovation, Digital Transformation, and Global Expansion

A series of in-depth panel discussions brought together leading experts to explore how emerging technologies, shifting geopolitics, renewable energy, and alternative assets are reshaping portfolios and capital allocation. Discussions spanned the resilience of private credit, the inflation-hedging qualities of infrastructure, clean energy opportunities, the evolution of digital assets and tokenization, frameworks for alternative asset allocation, and Singapore’s enabling role as a launchpad for Noah’s global strategy. The interactive sessions sparked valuable exchanges, with audience members gaining actionable insights for navigating the challenges and opportunities ahead.

Looking Ahead

The success of the inaugural Summit reflects the Company’s global perspective, forward-looking approach to strategic wealth management, and its commitment to serve global Chinese investors across geographies with trust, sophistication, and long-term partnership.

– End –

About Noah Holdings Limited and ARK Wealth Management

Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah’s American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol “NOAH,” and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code “6686.” One ADS represents five ordinary shares, par value $0.00005 per share.

ARK Wealth Management, a core subsidiary under Noah Holdings Limited, is a leading provider of global wealth management services, offering one-stop financial solutions for high-net-worth global Chinese families and institutions. With a client-centric philosophy that emphasizes independence and professionalism, ARK consistently innovates its product offerings and services to address the evolving needs of its clients, delivering sophisticated wealth management strategies with a goal of becoming the preferred wealth management platform for global Chinese investors.

ARK Wealth Management currently has over USD 8.7 billion in assets under advisement (AUA). With service centers in multiple countries and regions, ARK’s team of 140+ global investment advisors focus on providing tailored, localized financial services to clients.

The Hong Kong’s Largest Cat-Themed Event

HONG KONG, Aug. 1, 2025 /PRNewswire/ — Organized by Exhibition Group, the “Hong Kong Cat Expo 2025” is being held from August 1 to 3 (Friday to Sunday) at Hall 3BCD of the Hong Kong Convention and Exhibition Centre.  As Hong Kong’s largest cat-themed event, “Hong Kong Cat Expo 2025” brings together local and international creative cat-themed art, products, trendy toys, and lifestyle goods, creating the perfect shopping and leisure destination for cat lovers. This year, the Expo adopts the theme of “Ancient Egypt” and features over 180 exhibitors and 380 booths, all dedicated to promoting cat culture. The venue will feature a 4-meter-tall pyramid and an art installation of “Tutan ‘MEOW’ mun” featuring LeonLollipop’s iconic Gloomie cats. The Expo also offers a series of exciting activities and themed zones, including the CFA WCC Cat Show Competition, the “Meowsterpieces”, and the MoCity x Cat is Cat “Purrfect Cat Talk”, offering cat lovers the summer’s most eye-catching experience.

The opening ceremony was officiated by Dr Bernard Chan, Under Secretary for Commerce and Economic Development of the Government of the Hong Kong Special Administrative Region, Mr. SHIU Ka-fai, Member of the CPPCC National Committee and Legislative Council, Mr. Benson Luk, Member of Legislative Council, Dr. Michelle Yeung, Principal Veterinary Officer of the Agriculture, Fisheries and Conservation Department, Mr. Jason Wong, Chairman of the Culture, Sports and Tourism Affairs Committee of the BPA, Mr. Rex Li, Chairman of Hong Kong Pet Trade Association Limited, Ms. Helena Chen, Senior Vice President, General Manager of Mastercard Hong Kong and Macau, Mr. Jan van Rooyen, President of World Cat Congress, Ms. Yoko Tsang, Cat Lover Ambassador and Mr. Carl Wong, Chairman of Exhibition Group.

Mr. Carl Wong, Chairman of the Exhibition Group, stated: “The ‘pet community economy’ can extend the traditional pet industry to the friends of pet owners and beyond, injecting new vitality into Hong Kong’s economy. This year, the expo is collaborating with the Hong Kong Palace Museum for synergistic promotion. As always, the expo provides a one-stop platform offering the most comprehensive range of cat-related products and information. Moreover, we have innovatively invited cat-themed cultural and creative arts from around the world, to enrich the cultural depth of the ‘pet community economy’. We hope the Cat Expo will not only be a showcase for products and industries but also evolve into a cultural celebration of the ‘ pet community economy’.”

Hong Kong’s pet industry (cat sector) has seen steady growth in recent years, with the market size now exceeding HKD 2.4 billion annually. Recent surveys indicate that the average monthly spending of cat owners in Hong Kong has surpassed HKD 2,000, marking a 6.2% increase from last year. The high-spending consumer base continues to expand, demonstrating the robust momentum and vast market potential of the “cat economy.” The “cat economy” has become a new engine for local consumption, spanning multiple sectors including food, supplies, healthcare, services, cultural & creative products, and even pet-friendly tourism. Not only does it inject sustained vitality into the local economy, but it also fosters community harmony and enhances residents’ happiness.

Apart from pet products, the “Hong Kong Cat Expo 2025” is bringing in art toys and creative art from regions such as China, Thailand, Japan, and Korea, further driving both local and international creative developments. This year, the Expo specially invites Local Hong Kong illustrator Mandycat to create a unique art installation inspired by Hong Kong’s nostalgic “Jau Gwal Dong”, blending local culture and cat elements for visitors to enjoy. The venue also features a “Meowsterpieces”, in collaboration with local galleries including Artaflo Collective and BLINK Gallery, exhibiting works from about 20 artists from China, France, Japan, India, Russia, Malaysia, and more, all themed around cats. Artaflo Collective spotlights three artists: Chinese artist Li Yueling’s “Happy Hour” created specially for the Expo; Hong Kong artist Billy Hung’s large-scale Lucky Cat neon-inspired work; and Malaysian artist Chun Yu’s sand-based Kakaland series.

During the Expo, “MoCity x Cat is Cat” will co-host the “Purrfect Cat Talk”, covering topics such as breeds, care, nutrition, food selection, and veterinary knowledge. Experts will share tips on raising cats, health management, and food selection, providing the latest scientific and natural nutrition insights. The Hong Kong Black Cat Club will also host the CFA WCC Cat Show Competition, successfully bringing the World Cat Congress (WCC), known as the “United Nations of the Cat World,” to Hong Kong for the first time. Professionals from Australia, China, Finland, France, Germany, Russia, Singapore, South Africa, Thailand, the US, and Hong Kong will share the latest cat medical, welfare, and health information, and offer free public seminars to promote professional cat knowledge and foster international exchange.

This year’s Expo will showcase many popular and creative pet brands, offering a wide variety of choices for pet owners. Featured brands include: One Two Ceramic (Booth 3B-R21) from Taiwan, a creative ceramics brand using hand-painted glazing for unique pieces; Thailand’s Sofubi curatorial team Codecorner (Booth 3C-Z03) has collaborated with ten artists to create the ‘We Are All Cats’ themed zone, featuring exclusive first releases of limited-edition cat-themed designer merchandise at the event; Twenty.Two.April (Booth 3B-P50), a Thai handmade accessory brand, offers unique jewelry including earrings, bracelets, necklaces, keychains, and hair accessories, all with adorable cat motifs; MEimo (Booth 3B-P38) presents the healing character Lukchin Cat through illustrations and merchandise; Hong Kong building block brand JEKCA (Booth 3B-R19), designed for adults, features over 1,000 themed block sculptures to deliver the ultimate building experience; Space Shi Sliver Jewelry Studio(Booth 3B-N19), using patented technology to turn pet hair into unique “life diamonds” as lasting mementos for pet owners; VIPETS LTD (Booth 3C-F01), offering premium pet food and care products from around the world, with a special on Trilogy cat cans at only $1 for the first 24 customers daily.

During the Expo, the “Cats On The Big Screen” displays beautiful photos of cats provided by their owners on the stage’s big screen, allowing cat lovers to selfie with their cats in front of it. Customers who spend HK$250 with a single receipt using a Mastercard® at designated booths in the exhibition venue will have one chance to enter a lucky draw; HK$500 gets two chances, and so on, up to 10 chances per receipt. Only printed receipts are accepted, and Customers can redeem scratch cards at the activity area to instantly reveal their prize. Prizes include round-trip tickets for two to Tokyo, Seoul, and Taipei, with over 3,000 prizes worth over HK$140,000 in total. (Trade Promotion Competition Licence No: 060137, 060138; Offers are subject to relevant terms and conditions.) Attendees who “Like” the “Hong Kong Cat Expo” Facebook page and follow on Instagram can get a free pair of cat ear headbands (daily limited to 2,000 pieces, while stocks last).

Hong Kong Cat Expo 2025

About Exhibition Group

Exhibition Group Limited is one of Hong Kong’s renowned exhibition companies. Our core team has been assembled since 2003, bringing together a group of innovative, experienced, and professional exhibition talents. As a leading event management company, specializing in the planning and operation of world-class public exhibitions, conferences, and trade fairs, covering a wide range of industries. With years of industry experience, we are committed to the development of exhibition and marketing businesses, gaining a prestigious reputation within the exhibition industry.

Our company organizes a variety of themed exhibitions and marketing projects, which not only receive substantial support from the business community and exhibitors but also effectively attract a large number of public participants. Each event has garnered rave reviews, resulting in a win-win situation for exhibitors in both product promotion and sales. Notable exhibitions include the Pet Show, In-Home Expo, Premium Pet Supplies Expo, Hong Kong Cat Expo, Hong Kong Holiday & Travel Expo, Extracurricular Activities Festival cum Teaching Materials and Supplies Expo, and Hong Kong Outdoor & Sports Expo, among others. In recent years, our company has been honored with several awards, including the “Outstanding Award for Pandemic Resilience,” “ESG Commendation Awards,” and “Innovative Exhibition Planning,” recognizing our business development achievements across various sectors.

This press release is distributed by Market Hubs Holdings Limited.

PANAMA CITY, Aug. 1, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, announced the first anniversary of BingX Labs, its dedicated investment and incubation arm. Over the past year, BingX Labs has established itself as a key strategic investor, partner, and developer ally, driving innovation at the intersection of Web3, AI, and decentralized finance.

Since its launch in 2024, BingX Labs has committed $16 million in investments across high-impact projects and protocols such as Babylon and StakeStone, alongside strategic collaborations with leading partners including IOSG, Kaia foundation, and Hackquest to support broader Web3 and AI ecosystem growth. These partnerships exemplify BingX Labs’ approach — fostering strategic collaborations with the builders of core infrastructure for the next phase of Web3 and AI adoption.

Beyond financial backing, BingX Labs has become a hub of research and innovation. The Labs team is actively exploring key emerging sectors such as RWA (Real-World Assets), DeFi, and AI agents. With regular webinars and developer meetups, BingX Labs connects with global builder communities to share insights and collaborate on the next wave of technological breakthroughs. BingX Labs has also reinforced its position as a key player in the Web3 and AI space by sponsoring and attending major international events like Consensus and the Token 2049.

Vivien Lin, Head of BingX Labs and Chief Product Officer at BingX, commented:”In its first year, BingX Labs has evolved into more than an investment platform — it is a catalyst for the next generation of Web3 and AI innovation. By combining deep research, strategic partnerships, and strong developer engagement, we are building the infrastructure to support breakthrough projects that will shape the future of AI and decentralized technology. Looking ahead, our commitment to empowering developers and partners in these transformative sectors will continue to be our guiding principle.”

Looking ahead, BingX Labs plans to deepen its research, expand partnerships, and explore new opportunities, especially in AI-powered decentralized applications, with a continued focus on uncovering the next wave of transformative projects.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information please visit: https://bingx.com/

SHENZHEN, China, Aug. 1, 2025 /PRNewswire/ — Elegoo, a rapidly developing brand in global smart manufacturing, proudly announces the wrap-up of the first phase of its “ELEGOO With Her” initiative, a program supporting women creators worldwide through 3D printing. From over 110 sign-ups, 30 final participants from 17 countries stood out to join this phase. After three months of workshops and mentorship, the program now enters its showcase stage, with over 70% of participants new to 3D printing, underscoring its role in making the technology more accessible.

Launched at Formnext 2024, “ELEGOO With Her” was led by eight accomplished female designers and makers: Anouk Wipprecht, Batoul al-Rashdan, Brigitte Kock, Denise Bertacchi, Emily Boe (pseud.), Linette Manuel, Shehzeen Rehman, and Willow Creative (alias). Among the participants’ creations were STEM kits empowering girls in Africa and intricately 3D-printed lamps inspired by early 20th-century design, showcasing 3D printing’s creative potential in home decor, fashion, cosplay, and education.

“I remember how excited I was when I printed my first benchy. I also remember the failures. The hands-on workshops, mentorship, and community gave me more than just skills. They gave me the confidence to build and to lead,” said Janet Zagah, a renewable energy entrepreneur and program participant.

“Having an inclusive program run by a company as big as Elegoo is powerful,” said Kinnera Putti, a mobile developer who also participated in the program. “I hope others see what we’ve made and feel inspired to try something too.”

“We’ve always believed 3D printing should be accessible to everyone, and these projects show just how powerful it can be when women challenge themselves and use the technology to create and improve lives beyond their own,” said Coco Lee, Brand Director of Elegoo. “With proven reliability and ease of use, we’re proud that our products enable people from all backgrounds to unleash their creativity and bring their ideas to life.”

While this chapter wraps, the journey continues. Elegoo has made its workshops public on YouTube, and the next showcase will be at IFA Berlin this September, where their work will inspire more women to create.

For more information, please visit the ELEGOO With Her blog or follow Elegoo’s social media platforms.

About Elegoo

Founded in 2015, Elegoo is a rapidly developing brand in the global smart manufacturing industry, specializing in R&D, manufacturing, and sales of consumer-grade 3D printers, laser engravers, STEM kits, and other smart technology products. Located in Shenzhen, the Silicon Valley of China, the company has sold millions of products across more than 100 countries and regions. In 2024, the company’s total sales revenue surpassed 220 million USD, with more than 1000 employees and nearly 30,000 square meters of office and manufacturing area. With a focus on programming and 3D printing technology, Elegoo provides unique and smart creation spaces for diverse consumers to enhance personalized experiences.