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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 offering is expected to raise $445m. FWD Group has priced its Hong Kong IPO at $4.84 (HK$38) per share, ahead of its ...
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 Hong Kong IPO is not the endgame for home-grown Hong Kong insurer as CEO Huynh sets sights on a new growth phase FWD ...
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 ...
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, ...
Shares in FWD are expected to commence trading in a board lot size of 100 shares on the Hong Kong Stock Exchange (HKEX) on ...
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 ...
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.
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.