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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 end-game for the home-grown Hong Kong insurer, as its CEO Huynh eyes a new growth phase.
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 ...
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 ...
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 ...