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 ...

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 ...

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 ...

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

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 ...

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.

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 ...

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 ...

Mubadala Capital is anchoring FWD Group’s Hong Kong IPO with a US$150 million investment, as the insurer looks to raise ...