FWD IPO Said to Stall Amid Scrutiny

Billionaire Richard Li’s plans to list his insurance business in New York is stalling. FWD Group Holdings Ltd.’s $2 billion planned IPO is facing increased scrutiny by U.S. regulators who are weary of Beijing’s rising influence on Hong Kong-based firms. Bloomberg’s Julia Fioretti reports on “Bloomberg Markets: China Open.” (Source: Bloomberg)