Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO

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Insurance Journal - Jun 26, 2025

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. The pan-Asian insurer is offering 91.3 million shares at HK$38.00 …...

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