Richard Li-Backed Insurer FWD Said to Postpone Hong Kong IPO


Source: yahoo.com yahoo.com

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(Bloomberg) -- FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has decided to postpone its Hong Kong initial public offering due to market volatility, according to people familiar with the matter. Most Read from Bloomberg Stocks Trim Gains as Inflation Concerns Increase: Markets Wrap NATO Should Think Twice Before Accepting Finland and Sweden Biden to Meet Powell to Discuss Economy as Inflation Bites World’s Riskiest Place for Flying Averages One Disaster a Year Bitcoin Rallies Above $30,000 as China Eases Covid Curbs The company could resume its listing plans when market conditions become favorable again, said...