The billionaire Richard Lee collection increased from the FWD Group Ltd. In her first appearance in Hong Kong, which reflected the previous declines, after a preliminary offer to raise $ 3.5 billion, Hong Kong ($ 442 million).
The insurance company shares increased by 2.1 % to $ 38.80 Hong Kong on Monday, reflecting a severe decrease from 2.5 %. It was at $ 38.40 Hong Kong, an increase of 1.1 %, at the midday break.
The first appearance comes after the famous businessman Hong Kong Lee Chyng-Taking the company was recruited general In New York in 2021, which was abandoned after organizational scrutiny. next efforts For a staircase at home in Hong Kong to stop When the city’s public subscription entered a long stagnation.
Now, with the recovery of stock markets in Hong Kong, I hold me on a more suitable window to raise the capital of the crown jewel in its commercial empire. The feelings of investors were Stabbed Through a wave of deals with millions of dollars, with subscriptions and follow-up offers, which raised $ 37.4 billion so far in 2025-which is the highest level since 2021 and a sharp joke of $ 5.1 billion during the same period last year.
“It was a long journey.” “Hong Kong returned, as you see, in a big way, and we are very happy to be part of the return story after that.”
The city’s stock index, the Hang Seng index, increased, about 20 % for this year. The insurance companies were particularly hot, as both AIA Group Ltd.
Richard Lee, who founded the company in 2013, has a 66.5 % stake in FWD through many corporate entities. Its share in FWD represents two -thirds of the net value of $ 6.1 billion at the public subscription price, according to the Bloomberg billionaires.
The insurance company plans to use revenues to reduce debts and support growth and enhance its digital capabilities.
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