Richard Li’s FWD Plans Up to $3 Billion Hong Kong IPO
Pedestrians wearing protective masks walk past as an electronic ticker displaying the share price of Hong Kong Exchanges & Clearing Ltd. (HKEX) is reflected in a fountain at the Exchange Square complex in Hong Kong, China. (Photographer: Roy Liu/Bloomberg)

Richard Li’s FWD Plans Up to $3 Billion Hong Kong IPO

(Bloomberg) -- FWD Group Ltd., the Asian insurer backed by billionaire Richard Li, has picked banks for its planned Hong Kong initial public offering that could raise as much as $3 billion, accordi...
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