1299.HK - AIA Group Limited

HKSE - HKSE Delayed Price. Currency in HKD
63.000
-0.250 (-0.395%)
As of 10:02AM HKT. Market open.
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Previous Close63.250
Open63.450
Bid59.300 x 0
Ask59.350 x 0
Day's Range62.750 - 63.550
52 Week Range48.050 - 69.150
Volume3,131,973
Avg. Volume22,422,201
Market Cap756.636B
BetaN/A
PE Ratio (TTM)23.21
EPS (TTM)2.714
Earnings DateFeb 27, 2018
Forward Dividend & Yield0.89 (1.33%)
Ex-Dividend Date2017-05-16
1y Target Est72.53
  • Barrons.comlast month

    [$$] AIA Flourishes as Asia Life Insurance Booms

    In the aftermath of the financial crisis, AIA Group, the largest pan-Asian life insurer and the regional subsidiary of then-troubled American International Group, was in a quandary: Should it stay tied to its parent, which was being bailed out by the U.S. government or accept a $35 billion takeover bid from U.K. insurer Prudential? AIA decided to go it alone, listing in Hong Kong in late 2010. After eight years, AIA (ticker:1299.Hong Kong) has a market value of $105 billion, twice that of Prudential (PRU.UK) at $51 billion and almost twice former parent AIG’s (AIG) $54 billion.

  • Reuterslast month

    Australia's CBA weighs exiting Indonesian insurance unit valued at up to $250 mln-sources

    Commonwealth Bank of Australia (CBA) will consider selling its majority stake in an Indonesian insurance venture, with any deal likely valuing the insurer at up to $250 million, people familiar with the matter said. Australia's biggest lender is in talks with some investment banks and is expected to hire a financial adviser soon to help it decide on its 80 percent stake in PT Commonwealth Life, the people said.

  • HSBC's Time for Tucker
    Bloomberg2 months ago

    HSBC's Time for Tucker

    Three months into the new chairman's tenure and the future is looking bright.

  • Reuters2 months ago

    Factbox: Australia's great life insurance sell-off

    SYDNEY (Reuters) - Recent Australian life insurance sales (ranked by deal value) *CommInsure (2017) - Commonwealth Bank of Australia, the country's biggest lender, sells its life insurance unit to Hong ...

  • Like China's Opening? Love Insurance
    Bloomberg3 months ago

    Like China's Opening? Love Insurance

    This is the one area where foreign ownership will bring big rewards.

  • AIA Group's new business climbs 20 percent helped by China, Hong Kong
    Reuters4 months ago

    AIA Group's new business climbs 20 percent helped by China, Hong Kong

    China and Hong Kong together account for about half of new business growth globally at AIA, originally founded in Shanghai nearly 100 years ago and the first foreign insurer to be granted a license in China. AIA said the value of new business, which measures expected profits from new premiums and is a key gauge for future growth, rose to $824 million in the quarter, just ahead of an average estimate of $813 million from three analysts polled by Thomson Reuters I/B/E/S.

  • Moody's5 months ago

    Commonwealth Bank of Australia -- Moody's comments on CBA's sale of its life insurance businesses

    Announcement: Moody's comments on CBA's sale of its life insurance businesses. Global Credit Research- 21 Sep 2017. Sydney, September 21, 2017-- Moody's Investors Service says that Commonwealth Bank of ...

  • Moody's5 months ago

    AIA International Limited -- Moody's affirms senior debt ratings of AIA Group Limited at A2 with a stable outlook

    Rating Action: Moody's affirms senior debt ratings of AIA Group Limited at A2 with a stable outlook. Global Credit Research- 22 Sep 2017. Hong Kong, September 22, 2017-- Moody's Investors Service has affirmed ...

  • Bloomberg5 months ago

    AIA's Slice of Life

    There is some reputational risk from buying CBA's unit but this Hong Kong insurer has a strong track record.

  • Commonwealth Bank Sells Life Unit to AIA for A$3.8 Billion
    Bloomberg5 months ago

    Commonwealth Bank Sells Life Unit to AIA for A$3.8 Billion

    AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion), in its most ambitious foray beyond the Hong Kong-based company’s core markets ...

  • Reuters5 months ago

    AIA and Zurich submit separate bids for Australian insurers - sources

    Hong Kong-based insurance giant AIA Group Ltd has shown interest in buying Commonwealth Bank of Australia's insurance business, which is likely to be valued at about $4 billion, people with knowledge of the matter said. Separately, Zurich Insurance Group AG has emerged as the final bidder for Australia and New Zealand Banking Group's life insurance and wealth business, valued at about $3 billion, the people said.

  • Reuters5 months ago

    AIA and Zurich submit bids for Australian insurance assets - sources

    Hong Kong-based insurance giant AIA Group Ltd has shown interest in buying Commonwealth Bank of Australia's insurance business, which is likely to be valued at about $4 billion, people with knowledge of the matter said. Separately, Zurich Insurance Group AG has emerged as the final bidder for Australia and New Zealand Banking Group's life insurance and wealth business, valued at $3 billion, the people said. While the official final deadline for offers for ANZ's insurance and wealth business was Friday, there was still a possibility of a few more bids coming in soon, one of the people told Reuters.

  • Reuters6 months ago

    State-owned China Unicom to raise $12 bln from Alibaba, Tencent, others

    Telecoms group China Unicom is raising $11.7 billion from about a dozen investors including tech giants Alibaba Group and Tencent Holdings , as part of Beijing's push for state-owned enterprises to be revitalized with private capital. The Chinese government is seeking to rejuvenate state behemoths with private capital, with China Unicom among the first batch of state-owned enterprises slated for the mixed-ownership reforms, whose guidelines were issued in 2015.

  • Thomson Reuters StreetEvents6 months ago

    Edited Transcript of 1299.HK earnings conference call or presentation 28-Jul-17 1:30am GMT

    Half Year 2017 AIA Group Ltd Earnings Call

  • AIA Isn't Just a Cash Machine
    Bloomberg7 months ago

    AIA Isn't Just a Cash Machine

    Time to get over this obsession with the dividend.

  • Reuters7 months ago

    AIA Group posts 42 pct increase in first-half new business

    AIA Group Ltd, the world's third-largest life insurer by market value, posted a 42 percent surge in new business for the first half of the year, helped by robust sales growth in its main markets, Hong Kong and China. AIA's value of new business, which measures expected profits from new premiums and is a key gauge for future growth, surged to $1.75 billion in the half-yearly period that ends in May, up from $1.26 billion a year ago, the company said. China and Hong Kong together account for about half of new business growth globally at AIA, founded in Shanghai nearly 100 years ago and the first foreign insurer to be granted a license in China.

  • AIA's Konyn Says Odds Increasing for December Fed Hike
    Bloomberg Video5 months ago

    AIA's Konyn Says Odds Increasing for December Fed Hike

    Sep.26 -- Mark Konyn, chief investment officer at AIA Group, discusses President Trump's tax plan and the Fed's rate hike path. He speaks on "Bloomberg Markets: Asia."