AIA Group, Hong Kong's largest insurer, lost $100bn market valuation since early 2021 due to China's slow growth and capital controls.
AIA Group Ltd., Hong Kong's largest insurer, has lost over $100bn in market valuation since early 2021 due to concerns over China's slowing growth and Beijing's capital controls. The stock's decline contrasts with the bullish recommendations from analysts, and its options market signals further losses. AIA's future share performance will significantly impact the broader Hong Kong equity market.
April 19, 2024
3 Articles