AGBA, AGBA Group Holding Limited, a Nasdaq-listed wealth and health company, has announced the complete business integration of more than 1,500 financial advisors.
Important Milestones in AGBA’s Business and Greater Bay Area Expansion
Full integration will enable AGBA to aggressively grow within the Greater Bay Area
HONG KONG, March 07, 2023 (GLOBE NEWSWIRE) — NASDAQ-listed AGBA Group Holding Limited (“AGBA”) is a leading Hong Kong-based “financial supermarket” company that provides a full-service platform for banks . Financial institutions, brokers and individual independent financial advisors advise and serve our retail clients, and today we are pleased to announce the successful integration of all of our legacy group’s more than 1,500 strong financial advisors. I am happy to announce. Full integration is expected to be completed in the first quarter of 2023.
AGBA is a wealth and health group that went public on the NASDAQ late last year. The Group is currently one of the largest integrated wealth and health platforms in the Greater Bay Area listed on NASDAQ. AGBA’s technology-enabled platform offers a wide range of financial products including life insurance, annuities, property and casualty insurance, stock brokerage, mutual funds, money lending and real estate brokerage. AGBA also manages a range of financial technology investments, including Tandem Fintech Limited. Tandem Fintech Limited is a health and wealth management platform with a wide range of services and value added information in health, insurance, investment and social sharing.
AGBA’s Financial Advisors delivered stable, albeit diminished, performance results against the last four years of adversity from 2019 to 2022, achieving the following turnover:
AGBA Chairman Wing-Fai Ng said:
“Our team of over 1,500 financial advisors is stronger than ever. They not only represent the largest team in the industry, they also have one of the most productive sales forces in Hong Kong. Due to the unprecedented opportunities brought by the reopening of , we are very confident in realizing and achieving our 2023 milestone of Return to Glory. ”
“AGBA’s management expects AGBA to maintain its growth momentum and maintain consistent development as described in ‘Business Highlights and Management Discussions’.
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safe harbor declaration
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statement of historical fact. We “may”, “will”, “intend”, “should”, “believe”, “expect”, “expect”, “predict”, “estimate”, etc. , the use of singular unrelated words or similar expressions makes forward-looking statements with respect to historical issues. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from our expectations set forth in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to: Company goals and strategies. our future business development; Demand and acceptance of products and services. changes in technology; economic conditions; the consequences of legal proceedings that may be brought against us after the completion of the business combination; future business plans or objectives, future performance and opportunities, competitors, earnings, products, pricing, operating expenses, market trends, liquidity, cash flow and use of cash, capital expenditures, and our strategy and future financials; Ability to invest in proven growth initiatives and pursue acquisition opportunities. reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets in which we intend to serve, and assumptions underlying or relating to any of the above and any reports we file with the SEC; Other risks involved, length and severity of recent periods, including impacts on our overall business and operations. For these reasons, among other things, investors are cautioned not to place undue reliance on the forward-looking statements in this press release. Other factors are described in the Company’s filings with the SEC, which can be viewed at www.sec.gov. We undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances occurring after the date hereof.
AGBA Group Holding Limited (NASDAQ: ‘AGBA’) is a leading Hong Kong-based one-stop financial supermarket offering the widest range of financial and healthcare products through technology in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). doing. We lead the ecosystem and enable our clients to unlock the best options for their needs.
Trusted by over 400,000 individual and corporate customers, the group focuses on four market-leading businesses: platform business, distribution business, healthcare business and fintech business.
Founded in 1993 as a broker-dealer in Hong Kong, the company became a publicly traded company on the NASDAQ in November 2022. AGBA now offers its own products and services.
– B2C: Market leading wealth and wellness product portfolio
– B2B: Technology-Enabled Broker Management Platform for Advisors
For more information on AGBA, please visit www.agba.com.
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