RTTNews | Jul 27, 2021 12:30PM EDT

12:29 Tuesday, July 27, 2021 (RTTNews.com) - Chinese finserv company, Noah Holdings Limited (NOAH) continues to drop as its shares are currently down 7% on Tuesday morning.

The shares are trading at their lowest this year losing 25% in the process. This drop can be attributed to the ongoing government crackdown on companies listed in foreign countries.

The shares are currently trading at $35.93, down $3.52 or 8.92% since their close at $39.45 on Monday. The shares opened at $38.73 and in the 52-week period, the shares have ranged between $24.77 and $53.37.

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