HONG
KONG, May 30, 2023 /PRNewswire/
-- NASDAQ-listed, AGBA Group Holding Limited ("AGBA"), the
leading one-stop financial supermarket in Hong Kong, released a comprehensive summary
report detailing its business capabilities in capturing growth in
the Greater Bay Area of (China)
("GBA"). The report provides an overview of AGBA's capabilities in
the GBA and analyzes how AGBA's core Health and Wealth offerings
stand to benefit from the ongoing integration and development of
the GBA.
The GBA is a growing economic powerhouse, consisting of nine
cities in Guangdong Province,
Hong Kong, and Macau. With a combined population of over 70
million and a GDP of over USD 1.6
trillion, the GBA accounts for more than 12% of China's GDP. The GBA offers a unique
combination of size, economic development, innovation, strategic
location, and integrated development.
In this report, we review the Group's current business
capabilities and how that positions AGBA to share and expand its
expertise in wealth management, insurance, financial planning and
healthcare services in the GBA.
The report also highlights how all of AGBA's core Health and
Wealth industries stand to benefit from Hong Kong's ongoing integration into the GBA.
Access to high quality healthcare services, wealth management and
financial planning are becoming increasingly important to
individuals and businesses customers in the GBA. AGBA can provide
that access.
As an established and experienced operator, AGBA is
well-positioned to expand its business and capitalize on the vast
GBA growth opportunities that lie ahead. AGBA is confident that it
will be able to realize substantial value for its investors as it
embarks on further growth in the GBA region.
The latest presentation is available on the company's website,
please visit www.agba.com/ir
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's future
business development; product and service demand and acceptance;
changes in technology; economic conditions; the outcome of any
legal proceedings that may be instituted against us following the
consummation of the business combination; expectations regarding
our strategies and future financial performance, including its
future business plans or objectives, prospective performance and
opportunities and competitors, revenues, products, pricing,
operating expenses, market trends, liquidity, cash flows and uses
of cash, capital expenditures, and our ability to invest in 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 the Company plans to serve and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the SEC, the length
and severity of the recent coronavirus outbreak, including its
impacts across our business and operations. For these reasons,
among others, investors are cautioned not to place undue reliance
upon any forward-looking statements in this press release.
Additional factors are discussed in the Company's filings with the
SEC, which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward–looking
statements to reflect events or circumstances that arise after the
date hereof.
About AGBA Group:
Established in 1993, AGBA Group Holding Limited (NASDAQ: "AGBA")
is a leading one-stop financial supermarket based in Hong Kong offering the broadest set of
financial services and healthcare products in the Guangdong-Hong Kong-Macao Greater Bay Area
(GBA) through a tech-led ecosystem, enabling clients to unlock the
choices that best suit their needs. Trusted by over 400,000
individual and corporate customers, the Group is organized into
four market-leading businesses: Platform Business, Distribution
Business, Healthcare Business, and Fintech Business.
For more information about AGBA, please visit www.agba.com
Social Media Channels:
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SOURCE AGBA Group Holding Ltd