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AIA (01299.HK) announced the appointment of Fisher Zhang, as Regional Chief Executive, subject to obtaining all necessary regulatory approvals. Fisher will have market responsibility for Mainland China, South Korea and Vietnam. He will be a member of the Group Executive Committee and report to Lee Yuan Siong, Group Chief Executi...
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AIA (01299.HK) announced that for 1Q24 ending March this year, its value of new business (VONB) reached a record quarterly high of US$1.327 billion, surging 31% YoY on constant exchange rate (CER) terms and 27% on actual exchange rate (AER) terms, with double-digit growth across all reportable segments.The VONB margin was 54.2%,...
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PRU (02378.HK)/ AIA (01299.HK) are now trading at trough embedded value multiples of 0.5x/ 0.95x P/EV ratio respectively, JPMorgan issued a research report saying. While much of this reflects concerns about economic growth in China, investors are skeptical about embedded value itself and the extent to which it can be monetized, ...
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HSBC Global Research released its HK stock strategy report in mid-December, listing its top picks for HK stocks:GALAXY ENT (00027.HK)SANDS CHINA LTD (01928.HK)PRADA (01913.HK)HKEX (00388.HK)AIA (01299.HK)SITC (01308.HK)CATHAY PAC AIR (00293.HK)CK ASSET (01113.HK)POWER ASSETS (00006.HK)CKI HOLDINGS (01038.HK)HSBC also released an...
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AIA (01299.HK) announced that, for the third quarter ended 30 September 2023, the value of new business (VONB) of the group increased by 35% YoY on the constant exchange rate (CER) basis and by 34% on the actual exchange rate (AER) basis, respectively, to US$994 million. Nomura and Goldman Sachs previously forecast the VONB of ...
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