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FWD: No Plan for Share Buyback So Far
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FWD (01828.HK) held its first AGM, with Chairman Frederick Ma saying there is currently no plan to repurchase shares, though the board may discuss the matter later. FWD last quoted at HKD29.9, down 1.19%, way below its listing price of HKD38. Ma said management hopes the share price will not only return to the listing price but even drift higher. Regarding AI applications, FWD founder Richard Li said the company is studying how to leverage AI to better understand customer demand for products, correct errors made by sales personnel during the sales process, and enable the company to process claims more swiftly. AASTOCKS Financial News |
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