Hong Kong AIA’s Share Price
Publish Date : 2019/10/28 - 04:35

Share prices of the Hong Kong-listed insurer AIA Group Ltd (HK:1299) jumped 4% on Monday in Asia after posting business results in the three months to September 30.

AIA’s overall value of new business was little changed in the third quarter at $980 million.

New business to Hong Kong residents increased, but that was overshadowed by the decline in sales to mainland visitors, the company said, adding that quarterly annualized new premiums was lowered by 8% at $1,444 million.

Despite the headwinds, the company’s markets across the region will benefit over long term from increasing demand for its products, AIA said.

Share price of the company last traded at HK$77.75 is up 4.01%.

Source: Investing

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