An FWD hoarding in Hong Kong’s Causeway Bay. The underlying value of the insurer’s new business increased to US$806 million last year, according to its prospectus. Photo: Dickson lee
An FWD hoarding in Hong Kong’s Causeway Bay. The underlying value of the insurer’s new business increased to US$806 million last year, according to its prospectus. Photo: Dickson lee
IPO
Business /  Banking & Finance

Richard Li-controlled insurer FWD refiles Hong Kong IPO application

  • IPO proceeds will be used to support growth, enhancement of digital capabilities and strategy, firm says in prospectus
  • Insurer shelved plan to list in New York in 2021 amid ongoing US-China tensions

Martin Choi
Martin Choi

Updated: 10:16pm, 13 Mar, 2023

Why you can trust SCMP
An FWD hoarding in Hong Kong’s Causeway Bay. The underlying value of the insurer’s new business increased to US$806 million last year, according to its prospectus. Photo: Dickson lee
An FWD hoarding in Hong Kong’s Causeway Bay. The underlying value of the insurer’s new business increased to US$806 million last year, according to its prospectus. Photo: Dickson lee
READ FULL ARTICLE