Hong Kong tycoon Richard Li's insurance unit revives stalled IPO

Asia-focused FWD Group shelved plans for $3bn U.S. listing last year

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Hong Kong insurer FWD Group Holdings, which is planning a local listing, says it expects to make another loss in 2022.  © Reuters

ECHO WONG, Nikkei staff writer

HONG KONG -- Hong Kong insurer FWD Group Holdings, controlled by tycoon Richard Li, has revived a bid for an IPO on its home bourse after shelving plans for a U.S. listing last year.

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