Group 1 - The core viewpoint of the article highlights that shareholders of FWD Group (01828) deposited shares into Wing Lung Bank, with a market value of HKD 2.273 billion, representing 3.67% of the total [1] - Goldman Sachs initiated coverage on FWD Group, assigning a "Buy" rating and a target price of HKD 44 [1] - The bank forecasts an average intrinsic value return rate of 14.3% for FWD Insurance from this year until 2027, in contrast to a negative 5.4% from 2022 to 2024, driven mainly by operational improvements and economic differences [1]