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Richard Li’s FWD rises in HK debut, reversing earlier decline
fortune.com/asia/2025/07/07/richard-li-fwd-rises-hk-debut
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).
The insurer’s stock climbed as much 2.1% to HK$38.80 on Monday, reversing a drop of as steep as…
This story appeared on fortune.com, 2025-07-07 06:01:48.