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 ...

By Scott Murdoch SYDNEY (Reuters) -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. The insurer, controlled by ...

Billionaire Richard Li’s FWD Group Holdings Ltd. declined in its trading debut in Hong Kong after raising HK$3.5 billion ($442 million) in an initial public offering, a bid to capitalize on the city’s ...

Insurer FWD Group , backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong ...

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 ...

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 ...

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, ...

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.

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 ...

FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has filed for a third time for an initial public offering in the financial hub.