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 FWD are expected to commence trading in a board lot size of 100 shares on the Hong Kong Stock Exchange (HKEX) on ...

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

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, ...

For instance, in March, PAO Bank, an online-only bank backed by Shenzhen-based conglomerate Ping An Insurance Group, obtained an insurance agency license and partnered with Ping An Insurance Hong Kong ...

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

Hong Kong has reclaimed its place as a global IPO hub, and supportive policies mean more such success stories could be on the way soon As Hong Kong's IPO activities have come back to life, few ...

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.