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Hong Kong billionaire Richard Li’s insurer FWD Group saw its shares close flat in the company’s long-awaited Hong Kong stock ...
The insurer plans to utilise the net proceeds from the IPO to bolster its capital position and financial flexibility.
Insurer FWD Group of Richard Li, the younger son of Hong Kong’s richest billionaire Li Ka Shing, has gone public in Hong Kong ...
The Hong Kong IPO is not the endgame for home-grown Hong Kong insurer as CEO Huynh sets sights on a new growth phase FWD ...
HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering (IPO) that raised HK$3.5 billion (S$570 million ...
Shares in FWD are expected to commence trading in a board lot size of 100 shares on the Hong Kong Stock Exchange (HKEX) on ...
Richard Li Tzar Kai, son of Hong Kong billionaire Li Ka-shing, is listed as executive director of FWD, according to the company's website. He will remain a controlling shareholder after the offering, ...
FWD shares closed at HK$38.4 each, compared to its HK$38 issuance price. Hong Kong's Hang Seng Index , opens new tab was down 0.12%.
One digital bank executive noted that Hong Kong’s insurance industry still relies heavily on offline agents, while digital ...
Trump’s 90-day pause on tariffs scheduled to end on July 9; insurer FWD Group falls after debuting in Hong Kong.
FWD Group, an insurer backed by Hong Kong’s richest family, plans to raise over US$400 million via an initial public offering, joining the wave of companies flocking to tap the city’s market.