Richard Li – Charm

Hong Kong Billionaire Richard Li’s Insurer FWD Debuts In Long-Awaited IPO

Cs news14 hours ago07 mins

Richard Li (left) attends the IPO ceremony of his FWD Group at Exchange Square in Central, Hong Kong. Shanshan Kao/Forbes Asia Hong Kong billionaire Richard Li’s insurer FWD Group saw its shares close flat in the company’s long-awaited Hong Kong stock market debut Monday, marking the culmination of the company’s nearly five years of efforts…

Tycoon Richard Li to sell HKEJ publisher to PCCW for US$9 million in asset reshuffle

Cs news5 months ago02 mins

Hong Kong tycoon Richard Li Tzar-kai is reshuffling his assets again, this time by selling his personal interest in the publisher of Hong Kong Economic Journal (HKEJ) to telecommunications group PCCW for HK$70 million (US$9 million). PCCW, in which Li controls a 31.8 per cent stake, will buy the HKEJ’s publisher Clermont Media from an…