BRIEF: Yunfeng Financial licensed to deal in virtual assets
Fintech insurance provider Yunfeng Financial Group Ltd. (0376.HK) said on Tuesday the Hong Kong Securities and Futures Commission approved a request to upgrade its current securities-dealing license to also include…
BRIEF: FWD reports $47 million profit in first half of 2025
Insurance company FWD Group Holdings Ltd. (1828.HK) said on Friday its new business sales, measured by annualized new premiums, jumped 38% year-on-year to $1.25 billion in the first-half of this…
BRIEF: Shouhui returns to profit on financial instrument gains
Insurance intermediary services provider Shouhui Group Ltd. (2621.HK) saidon Thursday it expects to report a net profit of between 660 million yuan ($92 million) and 680 million yuan for the…
BRIEF: Shouhui slumps in Hong Kong trading debut
Shares of insurance distributor Shouhui Group Ltd. (2621.HK) slumped in their Hong Kong trading debut on Friday after pricing strongly in their modest IPO. The stock opened at HK$7.50, down 7%…
If you don’t succeed at first, second or third? FWD takes a fourth try at Hong Kong IPO
The insurance company has traveled a rocky path to its planned Hong Kong listing despite its association with a local business luminary and some big-name investors Key Takeaways: FWD Group…
BRIEF: Shouhui launches $25 million IPO as revenue falls, loss narrows
Insurance distributor Shouhui Group Ltd. (2621.HK) launched its Hong Kong IPO on Thursday, aiming to sell 24.36 million shares priced between HK$6.48 and HK$8.08 to raise up to HK$196 million…
Sunshine chases investment income amid tepid demand for its insurance
The insurer plans to set up a subsidiary that will run a 20 billion yuan fund investing in stocks and fixed-income instruments Key Takeaways: Sunshine’s asset management unit will set…
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