US IPO for Hong Kong insurer FWD could reach up to $3bn: reports
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US IPO for Hong Kong insurer FWD could reach up to $3bn: reports

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Hong Kong life insurer FWD Group is to pursue an IPO in the US which reports have suggested could raise up to $3bn.

The insurer, which was founded by well-known Hong Kong tycoon Richard Li in 2013, announced yesterday that it had confidentially submitted a draft statement to the Securities and Exchange Commission (SEC) relating to a proposed IPO.


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