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 ...

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 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, ...

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

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%.

Trump’s 90-day pause on tariffs scheduled to end on July 9; insurer FWD Group falls after debuting in Hong Kong.

One digital bank executive noted that Hong Kong’s insurance industry still relies heavily on offline agents, while digital ...

Outside of Hong Kong, FWD’s holding company, PCGI Intermediate, submitted a draft registration statement in June 2021 to the U.S. Securities and Exchange Commission for a $3 billion IPO.