Richard Li’s FWD withdraws US IPO plan with pivot to Hong Kong

2021-12-20

December 21, 2021 11:43 AM

HONG KONG (BLOOMBERG) – FWD Group, the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China tightens its grip on overseas listings.

Source : https://www.straitstimes.com/business/companies-markets/richard-lis-fwd-withdraws-us-ipo-plan-with-pivot-to-hong-kong

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Richard Li’s FWD withdraws US IPO plan with pivot to Hong Kong

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