Who is sweeping Hong Kong stocks? This big money is continuing to come in!
The Hong Kong stock market is feeling the impact of big money!
Changes in US dollar bonds | AIA 3.2 09/16/40 prices rose 1.17% to 72.517
On May 3, the current price of AIA 3.2 09/16/40 issued by AIA Insurance rose +1.170% with a yield of 5.829%.
Express News | Hong Kong domestic insurance stocks continued to rise. China Ping An rose more than 5%, China Taibao, China Life Insurance, and Zhongan Online rose more than 4%, and AIA Insurance rose more than 3%.
Hong Kong insurance stocks strengthened collectively. Zhongan Online rose nearly 5%, China Taibao and China Taiping rose more than 3%, and AIA, China Ping An, and China Life Insurance rose more than 2%.
Hong Kong insurance stocks strengthened collectively. Zhongan Online rose nearly 5%, China Taibao and China Taiping rose more than 3%, and AIA, China Ping An, and China Life Insurance rose more than 2%.
Nomura: Maintaining AIA's (01299) “Buy” rating and raising the target price to HK$91.11
Nomura predicts that AIA (01299) will repurchase an additional $5 billion from this year to 2026.
AIA (01299.HK) was reduced by 176.613 million shares by The Capital Group
Glonghui, May 3 | According to the Stock Exchange's latest equity disclosure data, on April 29, 2024, AIA (01299.HK) was reduced by 176.613 million shares by The Capital Group Companies, Inc. at an average price of HK$57.669 per share on the market, involving approximately HK$1,019 million. After the reduction in holdings, The Capital Group Companies, Inc.'s latest shareholding was 776,543,981 shares, and the shareholding ratio dropped from 7.07% to 6.91%.
US Capital Group sold 17.6613 million H shares of AIA (01299.HK) worth approximately HK$1,019 million
On May 2, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 2, The Capital Group Companies, Inc. (The Capital Group Companies, Inc.) sold $AIA (01299.HK) $17.6613 million H-shares worth approximately HK$1,019 million on April 29 at an average price of HK$57.669 and an average OTC share price of HK$27.52 per share. After the sale, the latest number of shares held by US Capital Group was 777 million shares, and the good position ratio fell from 7.07% to 6.91%. Photo Source: SEHK
Most insurance stocks in Hong Kong rose. Ping An of China rose more than 5%, Xinhua Insurance rose more than 4%, and China Life Insurance, China Taibao, and AIA rose more than 3%.
Most insurance stocks in Hong Kong rose. Ping An of China rose more than 5%, Xinhua Insurance rose more than 4%, and China Life Insurance, China Taibao, and AIA rose more than 3%.
Changes in US dollar bonds | AIA 4.875 03/11/44 price fell 1.158% to 91.510
On May 2, the current price of AIA 4.875 03/11/44 issued by AIA Insurance fell -1.158% with a yield of 5.582%.
Wall Street bosses' latest stock holdings are here!
Illustration of Hong Kong A shares, Chinese securities, and US stocks held by US funds
AIA (01299.HK): Quarterly NBV hits a record high, share repurchases highlight shareholders' importance
Note: AIA announces its 2024 quarterly report. 2024Q1 achieved a new business value of US$1,327 billion, +31% year over year (at a fixed exchange rate, same below); profit margin of new business value +2.1pct year on year
AIA (01299.HK): Optimized dividends, added $2 billion in repurchases, VONB was better than expected
1Q24 New business value is better than our expectations AIA announced 1Q24 results: New Business Value (VONB) +27%/+31% YoY at actual and fixed exchange rates, better than our/market expectations of 7.1%/8.1%,
Major Bank Ratings | Bank of America: Maintaining AIA's “Buy” Rating and Optimizing Positive Growth Prospects in Emerging Markets and Increasing Shareholder Returns
Glonghui, April 30 | Bank of America Securities released a report stating that AIA's new business value in the first quarter was US$1.3 billion, up 31% year-on-year at a fixed exchange rate. The increase was mainly due to the performance of mainland China business and Hong Kong business (partly due to the relatively low base in the first quarter of last year). As for the improved profit margin of this business, AIA's new business value margin increased from 52.3% to 54.2% in the first quarter. New annualized premiums increased 26% year over year. The bank believes that although AIA's growth in the second quarter of this year was affected by the high base for the same period last year, it believes in the overall trend of the company's major markets this year
Bank Ratings|Citibank: Giving AIA a “buy” rating, the value of the new business in the first quarter beat expectations
Glonghui, April 30 | Citigroup released a report stating that the value of AIA's new business in the first quarter beat expectations, expanded gross profit, and strengthened capital management policies to provide better visibility. AIA aims to achieve a 75% dividend ratio based on net free surpluses through progressive dividends and repurchases; regularly review its capital status and return the excess capital independently. As a result, AIA announced an addition of 2 billion US dollars to the existing share repurchase plan, increasing the total amount of repurchases to 12 billion US dollars, which is expected to be completed within about 12 months. Furthermore, the bank believes that the value of AIA's new business in the first quarter increased by 31% per year at a fixed exchange rate and increased by 31% at the real exchange rate2
CICC: Maintaining AIA's (01299) “Outperform the Industry” rating target price of HK$74
Starting with AIA's 2024 full year results, AIA aims to generate 75% of the annual net free surplus.
Earnings Call Summary | AIA GROUP LTD(AAGIY.US) Q1 2024 Earnings Conference
The following is a summary of the AIA Group Limited (AAGIY) Q1 2024 Earnings Call Transcript:Financial Performance:AIA Group reported a 31% growth in Value of New Business (VONB) in Q1 2024, setting a
Hong Kong Stock Announcement Nuggets | AIA's new business value in the first quarter rose 31% year on year to US$1,327 billion to hit a quarterly high of US$1,327 million
The value of AIA's new business in the first quarter rose 31% year on year to a quarterly high of US$1,327 billion; China Southern Airlines plans to acquire 100 C919 series aircraft
Hong Kong Market Overview | The Hang Seng Index has risen six times in a row! Domestic housing stocks strengthened across the board, and Shimao Group soared more than 60%
Auto stocks improved. Evergrande Auto rose nearly 12%, and Zero Run rose more than 8%; big financial stocks generally rose, AIA Insurance rose more than 6%, and the Bank of China rose nearly 5%.
AIA Shares Rise After Buybacks Boosted, Business Growth Beat
By Tracy Qu AIA Group shares rose sharply after the insurance giant boosted its share buybacks and reported better-than-expected new-business growth in the first quarter. Shares were up 7.3% in Hong
AIA (01299.HK): New business continues to grow in double digits, increasing repurchases, showing confidence
Core view: The company issued a new business announcement for the first quarter: NBV was US$1.33 billion, +27% YoY (actual exchange rate, same below), and annual premiums of US$2.45 billion for new policies, +23% YoY. “Volume and price are rising”, overlapping
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