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

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 ...

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 ...

The Hong Kong IPO is not the end-game for the home-grown Hong Kong insurer, as its CEO Huynh eyes a new growth phase.

Insurer FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong Kong initial public offering, according to a regulatory filing on Thursday.

Insurer FWD Group of Richard Li, the younger son of Hong Kong’s richest billionaire Li Ka Shing, has gone public in Hong Kong ...

Mubadala Capital is anchoring FWD Group’s Hong Kong IPO with a US$150 million investment, as the insurer looks to raise ...

Insurer FWD Group, backed by billionaire Richard Li, has announced plans to raise HK$3.47bn through an initial public offering (IPO) in Hong Kong. According to a regulatory filing, the pan-Asian ...

With total assets of $53.7 billion, FWD Group has launched its fourth IPO attempt in Hong Kong, tapping into surging investor interest following battery giant CATL’s landmark listing.