Richard Li’s FWD Rises in HK Debut, Reversing Earlier Drop

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Insurance Journal - Jul 07, 2025

Billionaire Richard Li’s FWD Group Holdings Ltd. rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering that raised HK$3.5 billion ($442 million). The insurer’s stock climbed 1.1% to HK$38.40 on Monday, reversing a drop …...

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