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Billionaire Richard Li’s Insurer FWD Refiles for Hong Kong IPO

Source: yahoo.com yahoo.com
News Snapshot:

(Bloomberg) — FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering as it now weighs a listing next year amid market volatility. Most Read from Bloomberg US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike Ugly Selloff Pushes Stocks Down Most Since 2020: Markets Wrap The World’s Hottest Housing Markets Are Facing a Painful Reset Ukrainian Successes Raise Russian Collapse to Realm of Possibility Hedge Fund’s Decade-Long Wait for Yuan Crash Nears Payday The renewed filing will grant more time for the insurer to continue…

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