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.

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 ...

By Scott Murdoch SYDNEY (Reuters) -Shares of insurer FWD Group opened flat at HK$38 each in its Hong Kong trading debut on Monday, in line with its issuance price. The insurer, controlled by ...

Insurer FWD Group , backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong ...

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 Richard Li's insurer FWD Group were steady on the first day of trading after raising $442 million in its IPO. The ...

Shares of pan-Asian life and health insurance firm FWD Group Holdings opened flat on their Hong Kong trading debut on Monday (July 7), after raising HK$3.47 billion (US$442 million) from selling ...

Insurer will get a market value of HK$48.3 billion based on its IPO price of HK$38 each, before an overallotment option.

The IPO was FWD's third attempt to go public after it initially aimed for a New York IPO in 2021 to raise $2-$3 billion. The insurance group shelved the plan due to delays in obtaining U.S ...

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, ...

On June 26, FWD Group announced its IPO details on the Hong Kong Exchange (HKEX). Offer price: FWD Group intends to offer 91,342,100 shares (subject to the over-allotment option) at an indicative ...