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.

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.

Billionaire Richard Li's efforts to expand his insurance business into mainland China have been put on hold after Beijing ...

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).

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

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

Asia-focused insurer FWD Group has raised $1.4 billion via a private placement of shares, according to a company statement on Tuesday, ahead of its long-planned initial public offering (IPO) which ...

FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set to be delayed again amid weak market conditions, according to ...

FWD Group, an insurer backed by Hong Kong’s richest family, is joining the wave of companies flocking to tap the city’s ...