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.

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 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 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 ...

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

Shares in Richard Li's insurer FWD Group were steady on the first day of trading after raising $442 million in its IPO. The ...

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 ...

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

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.