“The Group sees iFAST Global Bank’s ability to achieve profitability in less than three years after the acquisition (end-March 2022) as a major achievement…. It also demonstrates the Group’s ability to deploy new technology solutions rapidly, in a secure manner, and at far lower costs than most banks around the world.” iFAST is now the proud owner of a profitable digital bank! The company has achieved proof of concept and addressed investor skepticism over several issues after announcing great 2024 results. Hong Kong earnings exceeded management targets Hong Kong earnings grew 122% year on year in 2024 and exceeded management’s targets by 24% because of good execution on the Hong Kong eMPF pension project. Management expects Hong Kong earnings growth to accelerate in the second half of 2025. I expect overall group earnings to grow by at least 50% year on year in 2025. Bears claim that Hong Kong earnings will drop in 2026 once the eMPF project reaches the maintenance phase. Hong Kong earnings should continue growing in 2026...