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FWD Extends Connected-Party Service Deals with PCCW and HKT to 2028

Story Highlights
  • FWD signed new three-year service and product agreements with PCCW and HKT.
  • These connected transactions bolster FWD’s telecom, distribution and marketing capabilities without requiring shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FWD Extends Connected-Party Service Deals with PCCW and HKT to 2028

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FWD Group Holdings Limited ( (HK:1828) ) has shared an update.

FWD Group Holdings has entered into a new set of continuing connected transaction agreements with PCCW Group and HKT Group, effective from 1 January 2026 to 31 December 2028, covering telecommunications and related services, insurance products and services, and branding and marketing arrangements. The deals formalize and extend existing commercial relationships with entities controlled by FWD’s major shareholder Richard Li, and, given their size, will be subject to Hong Kong listing rules on announcement, reporting and annual review, but will not require independent shareholder approval; the arrangements are expected to support FWD’s operational infrastructure, distribution and marketing capabilities through close collaboration with the telecom and media affiliates, reinforcing its integrated positioning in the regional insurance and digital services ecosystem.

The most recent analyst rating on (HK:1828) stock is a Buy with a HK$48.00 price target. To see the full list of analyst forecasts on FWD Group Holdings Limited stock, see the HK:1828 Stock Forecast page.

More about FWD Group Holdings Limited

FWD Group Holdings Limited is a pan-Asian insurance group headquartered in Hong Kong, offering life insurance, medical and health protection, and related financial services across multiple Asian markets. The company focuses on partnering with major regional conglomerates and telecom operators to distribute insurance products and enhance its customer reach and digital capabilities in competitive, technology-driven insurance markets.

Average Trading Volume: 474,280

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$48.56B

See more data about 1828 stock on TipRanks’ Stock Analysis page.

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