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Hong Kong tycoon Richard Li's insurance arm gears up for $3bn IPO

FWD releases prospectus for U.S. share offering

Insurer FWD has filed for an IPO in the U.S. (Source photos by Getty Images)

HONG KONG -- Billionaire Richard Li's insurance business FWD is gearing up for an up to $3 billion initial public offering in the U.S. this year.

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