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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.
By Scott Murdoch SYDNEY (Reuters) -Shares of insurer FWD Group closed up 1% in its Hong Kong trading debut on Monday after raising $442 million in an initial public offering. The insurer, controlled ...
The Hong Kong IPO is not the endgame for home-grown Hong Kong insurer as CEO Huynh sets sights on a new growth phase FWD ...
Insurer FWD Group , backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong ...
Insurer FWD Group plans to launch its Hong Kong initial public offering (IPO) to raise about $500 million as early as next week, said two sources with direct knowledge of the matter.
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 ...
Shares in Richard Li's insurer FWD Group were steady on the first day of trading after raising $442 million in its IPO. The ...
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, ...
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 ...