, Hong Kong

FWD mulls shifting US IPO to Hong Kong: report

The insurer is considering shifting its $2b-$3b share sale.

FWD Group is contemplating shifting its $2b-3b share sale from the US to Hong Kong according to a report by Reuters..

The Hong Kong-based company filed for an initial public offering (IPO) in New York back in June. According to the report, FWD is considering the switch because of delays caused by US regulators scrutinising the deal and mild interest from investors.

The FWD Group is owned by Hong Kong billionaire Richard Li.

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Indonesia enters era of digital insurance distribution
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Indonesia needs a little tech to boost insurance penetration
When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN.
How Grandtag secures the bag for Asia’s richest
Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.