
FWD Group launches US$512 million Hong Kong IPO, targeting HK$48.3 billion valuation
FWD targets HK$3.99 billion in gross proceeds through IPO FWD Group, the pan-Asian insurer founded by Richard Li Tzar-lai, has officially launched its long-anticipated initial public offering (IPO) in Hong Kong. The company is aiming to raise up to HK$3.99 …