Richard Li

The move shows the US is widening its national security focus to include Hong Kong firms once seen as neutral

The insurer’s stock climbs 1.1% to HK$38.40, rebounding from a drop of as steep as 2.5% 

INSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public offering, according to a regulatory filing on Thursday (Ju...