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Billionaire Richard Li’s FWD Wins Nod for Hong Kong IPO

Bloomberg2022-05-23

(Bloomberg) -- FWD Group Holdings Ltd., the Asian insurer backed by Hong Kong billionaire Richard Li, has won approval for its planned initial public offering in the city, according to a person with ...

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Comment8

  • Francis1977
    ·2022-05-23
    Informative
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  • IcySilver
    ·2022-05-23
    Billionaire hoping to get another billion
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  • Desmond669
    ·2022-05-23
    Okay 
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  • Desmond669
    ·2022-05-23
    Ok
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  • ChiaZY
    ·2022-05-23
    Ok
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  • Kc888
    ·2022-05-23
    Ok
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  • Roarrrrrr
    ·2022-05-23
    V
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  • PearlynCSY
    ·2022-05-23
    FWD Group, the Asian insurer backed by Hong Kong billionaire Richard Li, has won approval for its planned initial public offering in the city, according to a person with knowledge of the matter. The company received the green light following a hearing Thursday (May 19) with the Hong Kong bourse’s listing committee, according to the person, who asked not to be identified as the information is private. The company hasn’t decided when to launch the IPO, the person added. FWD filed an application for the first-time share sale in February after deciding to switch its listing venue to Hong Kong from the US.
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