Richard Li (left) attends the IPO ceremony of his FWD Group at Exchange Square in Central, Hong Kong. Shanshan Kao/Forbes Asia Hong Kong billionaire Richard Li’s insurer FWD Group saw its shares ...

Billionaire Richard Li’s FWD Group Holdings Ltd. rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering that raised HK$3.5 billion ($442 million).

Billionaire Richard Li's efforts to expand his insurance business into mainland China have been put on hold after Beijing reacted with fury to his father Li Ka-shing's plan to sell a suite of global ...

Insurer FWD Group of Richard Li, the younger son of Hong Kong’s richest billionaire Li Ka Shing, has gone public in Hong Kong after several failed attempts.

Richard Li, who founded the company in 2013, owns a 66.5 per cent stake in FWD through various corporate entities. His stake in FWD accounts for two-thirds of his US$6.1 billion net worth at the IPO ...

Richard, business tycoon Li Ka-shing's younger son, was in advanced talks to secure an insurance license in China, the report said, citing people familiar with the matter. The discussions were ...

Richard, business tycoon Li Ka-shing's younger son, was in advanced talks to secure an insurance license in China, the report said, citing people familiar with the matter. The discussions were ...

BILLIONAIRE Richard Li's efforts to expand his insurance business into mainland China have been put on hold after Beijing reacted with fury to his father Li Ka-shing's plan to sell a suite of global ...

Shares of insurer FWD Group opened flat at HK$38 each in its Hong Kong trading debut on Monday, in line with its issuance price.

The insurer plans to utilise the net proceeds from the IPO to bolster its capital position and financial flexibility.