2013-founded FWD Group, Pan-Asian insurer of billionaire Richard Li, revives Hong Kong IPO plans, targeting a valuation of up to $9B.
Billionaire Richard Li's pan-Asian insurer, FWD Group, is reviving its plans for a Hong Kong IPO. The insurer, founded by Li in 2013, could target a valuation of up to $9B in the initial public offering (IPO), depending on market conditions. The deal timeline and offering size are undecided. FWD had previously attempted to list in Hong Kong but halted plans due to regulatory delays and market volatility.
June 06, 2024
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