Third Time’s the Charm for FWD's Hong Kong IPO?
Hong Kong insurer FWD Group is applying for a local listing for the third time since 2022.
FWD Group has refiled for an initial public offering on the main board of the Hong Kong Exchanges and Clearing, according to a statement.
This marks the third time it has made the application after doing so and pulling out in 2022 and 2023 due to market uncertainty.
Established in 2013, FWD is a pan-Asian life and health insurance business that serves around 30 million customers in 10 markets. It is owned by Richard Li, son of Hong Kong’s richest man Li Ka-shing.
