News

Billionaire Richard Li's efforts to expand his insurance business into mainland China have been put on hold after Beijing ...
The insurer plans to utilise the net proceeds from the IPO to bolster its capital position and financial flexibility.
Hong Kong billionaire Richard Li’s insurer FWD Group saw its shares close flat in the company’s long-awaited Hong Kong stock ...
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.
Life Insurance International on MSN13d
FWD Group targets $442m in Hong Kong IPO
The company will offer the shares at an indicative price of HK$38 per share, which values the company at HK$48.3bn ($6.15bn).
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 ...
FWD Group, an insurer backed by Hong Kong’s richest family, is joining the wave of companies flocking to tap the city’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, ...
Insurer will get a market value of HK$48.3 billion based on its IPO price of HK$38 each, before an overallotment option.
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 ...
Mubadala Capital is anchoring FWD Group’s Hong Kong IPO with a US$150 million investment, as the insurer looks to raise ...