Richard Li's FWD Group targets $9b valuation in new HK listing plan: report

Richard Li's FWD Group targets $9b valuation in new HK listing plan: report

FILE PHOTO: The logo of FWD group is seen on a building in Hong Kong, China, March 20, 2023. REUTERS/Tyrone Siu/File Photo

Billionaire Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three people with direct knowledge of the matter, after regulatory delay and market volatility scuppered previous attempts to take it public.