Richard Li

iFast's current target is to generate a profit before tax of more than HK$500 mil from this project in 2025

Enthusiasm for SPACs has waned amid heightened market volatility

Li's stake in GoTo will bring his networth to US$5 billion

(July 31): Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with knowledge of the matter said.

HONG KONG (June 27): Hong Kong billionaire Richard Li is laying the groundwork for a potential initial public offering of his insurance company FWD Group after five years of building the business through acquisitions, people familiar with the matter said.

(Nov 15): Hong Kong tycoon Richard Li is poised to buy American International Group Inc.’s Fuji Life Insurance Co. business, a deal that marks his FWD Group’s first foray into Japanese insurance.