$AGBA GROUP HOLDING LIMITED(AGBA)$
Huge DD pack here. AGBA Is Well Positioned In The Soaring Insurance and Financial Services Market In China. The Chinese insurance industry has experienced rapid expansion over the past decade. In addition to steadily increasing demand, two major supply-side trends have encouraged the development of the industry: (1) under the World Trade Organization (WTO) framework, the Chinese government lowered entry barriers to foreign insurers, allowing them to establish joint-venture insurance firms in China; and (2) domestic insurers strengthened themselves through initial public offerings and other market developments. AGBA, with 2,000 financial advisors, over 200,000 customers, and roughly $200 million in normalized revenue, is the regional giant with tremendous advantage over the region to supplement the populations needs.
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