- Key milestone for AGBA’s business and expansion for the Greater Bay Area
- Full integration will enable AGBA to aggressively grow within the Greater Bay Area
(Hong Kong) NASDAQ-listed, AGBA Group Holding Limited (“AGBA”), the leading “Financial Supermarket”, a Hong Kong-headquartered firm that offers a full-service platform to banks, financial institutions, brokers, and individual independent financial advisors to advise and serve its retail clients, today is excited to announce the successful integration of all Financial Advisors of over 1,500 people strong from the legacy group. The full integration is expected to complete in first quarter of 2023.
AGBA is a wealth and health group that was listed on NASDAQ late last year. The Group is now 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, covering life insurance, pensions, property-casualty insurance, stock brokerage, mutual funds, money lending, and real estate agency. AGBA also manages an ensemble of financial technology investments including Tandem Fintech Limited, a health and wealth management platform with a broad spectrum of services and value-added information in health, insurance, investments, and social sharing.
AGBA’s Financial Advisors has delivered stable, albeit reduced, performance results against adversities in the past four years between 2019 and 2022, with the following sales value:-
“We are thrilled to welcome all of our Financial Advisors into the AGBA family” said Mr. Wing-Fai Ng, AGBA’s Chairman.
“Our team of over 1,500 financial advisors is stronger than ever. They not only represent the largest team in the industry but are also one of the most productive sales force in Hong Kong. With the unprecedented opportunities from China’s reopening, we are supremely confident to deliver and to achieve our milestone of Year 2023: “Back to Glory.” ”
“AGBA’s management expects AGBA will continue its growth momentum and maintain consistent development as set out in the “Business Highlights and Management Discussion”.
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AGBA Group Holding Limited (NASDAQ: ‘AGBA’) is a leading one-stop financial supermarket based in Hong Kong offering the broadest set of financial and healthcare products in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) through a techled ecosystem, enabling clients to unlock the choice that best suits 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.
Established in 1993 as a broker-dealer in Hong Kong, the company became a publicly listed company on NASDAQ in November 2022. Today, AGBA offers unique product and service offerings:
– B2C: market leading portfolio of wealth and health products
– B2B: tech-enabled broker management platform for advisors
For more information about AGBA, please visit www.agba.com.
Media and Investor Relations Contact:
Ms. Bethany Lai
+852 5529 4500
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