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Latest News Asian Insurer FWD Eyes Hong Kong IPO in 2023: Sources – Businessfortnight

News Snapshot:

FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, is weighing 2023 as a brand new goal for its long-awaited Hong Kong preliminary public providing, in response to individuals conversant in the matter. FWD, which in May determined to postpone its itemizing in the Asian monetary hub as a consequence of a weak market, is working towards a possible share sale as early as the primary quarter subsequent 12 months, the individuals mentioned, asking to not be recognized as a result of the matter is personal. The insurer has been looking for to lift about $1 billion…

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