Express News | AIA (01299.HK): The board of directors has approved an additional $2 billion to the existing share repurchase program, which will increase the total to $12 billion.
AIA Insurance (01299.HK)'s new business value in the first quarter rose 31% year-on-year to US$1,327 billion, a quarterly high of US$1,327 million
AIA (01299.HK) announced that in the first quarter of 2024, the value of new business increased 31% year-on-year to US$1,327 billion on a fixed exchange rate basis, with double-digit growth in all reporting segments. Driven by an increase in the number of active agents and increased productivity, the new business value of the “best agents” increased by 20%. The value of the new business of partner distribution increased 70%, and the bank insurance and retail independent financial advisory channels all performed strongly. The profit margin on new business value increased to 54.2%, and annualized new premiums increased 26% to $2,449 million. Currently
Express News | AIA announced on the Hong Kong Stock Exchange that the value of the new business in the first half of the year was US$1.33 billion, an increase of 27%.
Yum China Q1 2024 Earnings Preview
Express News | Lu Zhongtao, Chief Technology Officer of ICBC: The development of digital finance must grasp the “three major relationships”
China Petroleum & Chemical Co., Ltd. (00386.HK) announced first-quarter results, net profit of 18.316 billion yuan, a year-on-year decrease of 8.9%
China Petroleum & Chemical Co., Ltd. (00386.HK) announced results for the first quarter of 2024. According to Chinese corporate accounting standards, operating income was 789.967 billion yuan, a decrease of 0.2% year on year; net profit attributable to shareholders of the parent company was 18.316 billion yuan, a decrease of 8.9% year on year; net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss was 18.186 billion yuan, a decrease of 7.8% year on year; basic earnings per share were 0.153 yuan.