Hong Kong Tycoon Richard Li's FWD Makes U.S. IPO Filing Public Investing News


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FILE PHOTO: Richard Li, Hong Kong businessman and younger son of tycoon Li Ka-shing, waves as he arrives to vote during the election for Hong Kong's next Chief Executive in Hong Kong, China March 26, 2017. REUTERS/Bobby Yip Reuters (Reuters) - Insurance company FWD Group Holdings Ltd, owned by Hong Kong billionaire Richard Li, made its filing for a stock market listing in the United States public on Thursday, revealing a jump in revenue last year. The insurer, which will list through an initial public offering, posted revenue of $9.49 billion last year. FWD also said its net loss applicable...