bearish

FWD IPO - Valuation Down but Its Difficult to Get Excited About It

692 Views26 Jun 2025 13:15
FWD Group, a pan-Asian life insurer founded by Richard Li, aims to raise around US$442m in its HK IPO. In this note, we talk about the IPO pricing.
What is covered in the Full Insight:
  • Introduction to FWD IPO
  • Market Exposure and Operations
  • Previous Notes on FWD
  • Valuation Thoughts
  • Acquisitions and Investments
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