Core Insights - FWD Group has successfully listed on the Hong Kong Stock Exchange, marking a significant milestone as one of the fastest-growing insurance companies in Southeast Asia, reflecting investor confidence in its pan-Asian strategy [1][2] - The IPO was impressive, with a share price set at HKD 38, resulting in a total market capitalization of HKD 48.044 billion, and the public offering was oversubscribed by 37 times, raising HKD 13.1 billion [1][2] Company Development - FWD Group's foundation was established in 2013 with the acquisition of ING's regional business for USD 2.14 billion, leading to a significant expansion through mergers and acquisitions across Southeast Asia [2] - The company has grown its market presence from 3 markets to 10, serving 30 million customers, with Southeast Asia projected to contribute over 50% of new business value in 2024 [2] Financial Performance - In 2024, FWD Group's annualized new premiums reached USD 1.916 billion, a 5.2 times increase from USD 309 million in 2014, with operating profit rising by 28.6% to USD 463 million and a net profit of USD 24 million, reversing previous losses [2] - The combination of digitalization and localization strategies has been crucial, enabling the company to achieve continuous premium growth through deep partnerships with local banks and the establishment of online service platforms [2] Strategic Vision - The CEO, Li Zeqiang, emphasized the importance of Hong Kong as an international financial center for the company's development and expressed commitment to providing quality insurance services to 30 million customers across Asia [3]