FWD drops planned US listing as Beijing tightens grip

2021-12-21

December 22, 2021 5:00 AM

HONG KONG • FWD Group, the Hong Kong-based insurer backed by billionaire Richard Li, has withdrawn its United States initial public offering (IPO) as China tightens its grip on overseas listings.

Source : https://www.straitstimes.com/business/companies-markets/fwd-drops-planned-us-listing-as-beijing-tightens-grip

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FWD drops planned US listing as Beijing tightens grip

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