Game time for another IPO hopeful in China’s booming toy market
A maker of collectible figurines, 52Toys, is lining up to test investor enthusiasm for play-related stocks after the runaway success of Pop Mart Key Takeaways: 52Toys has posted losses for…
Failed merger leaves Apollo Future Mobility searching for direction
The NEV maker has launched a plan to raise HK$210 million, seeking to repay debt after its bid for new life by acquiring a struggling rival collapsed last year Key…
FAST NEWS: FWD Group delays Hong Kong IPO plan again
The latest: The latest IPO prospectus from FWD Group Holdings Ltd. lapsed early this month, further delaying the regional insurer’s listing after its fourth application. The company decided to postpone its…
Deflated Tom Group mired in losses 23 years after splashy debut
The former tech highflyer backed by billionaire Li Ka-shing now mainly manages investments and a Taiwan publishing company Key Takeaways: • Tom Group returned to the red in the first…
FAST NEWS: FWD enters Malaysian life insurance market via acquisition
The latest: FWD Group Holdings Ltd. announced on Monday it has completed its purchase of a majority stake, along with other investors, in Gibraltar BSN Life Berhad, marking its entry…
FWD touts growth as IPO campaign drags on. But investors may want more
The Hong Kong-based regional insurer said the value of its new business grew 29% in 2022, even as its annual premium and fee income fell 15% Key Takeaways: The value…
Lifted by Southeast Asia Growth, Insurer FWD Seeks IPO Safe Landing
Hong Kong tycoon Richard Li's Asia-focused insurance company, FWD Group, has filed again for an IPO that reportedly aims to raise $1 billion Key Takeaways: FWD has switched its focus…
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