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FWD Billionaire Richard Li wins Hong Kong IPO

May 26, 2022
Source: usnews18.com usnews18.com
News Snapshot:
The insurer is seeking to raise about US$1 billion in its Hong Kong offering, Bloomberg News has reported. 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, where it had filed for an IPO that could have raised as much as US$3 billion. Story Highlights 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...
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China Tech Buzz Topics: Bloomberg | green | Hong Kong | ipo | IT | listing | media intelligence | news | News Media | newspaper | Richard Li | share | Switch

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