07-07-2025
FWD Eyes China Market After 'Emotional' HK Debut
Shares in Richard Li's insurer FWD Group were steady on the first day of trading after raising $442 million in its IPO. The company's CEO Hyunh Thanh Phong says Monday's listing was an emotional moment, after several attempts to go public in the US and Hong Kong. With new funding now in place, Hyunh told David Ingles and Yvonne Man on 'Bloomberg: The China Show' that the company plans to break into the Mainland China market. (Source: Bloomberg)