Dossier
AIA
Coverage of AIA in the Nexus archive.
- Shares of major Hong Kong insurance, finance firms tumble following report of 20% levy
Shares of major Hong Kong-listed insurance and financial institutions fell after reports indicated mainland Chinese authorities began taxing gains on offshore insurance policies purchased by mainland visitors. Prudential and AIA Group saw significant drops, with shares declining 5.9% and 6.6% respectively in early trading.
- AIA chief Eric Fanning on the budget and the health of America’s defense industry
AIA chief Eric Fanning discussed the health of America’s defense industry, the budget, foreign military sales, and potential reforms.
- HSBC, AIA Slump After Report of HK Bank Account Curbs
HSBC and AIA experienced a decline in stock prices following a report about potential restrictions on Hong Kong bank accounts. The slump is directly linked to concerns over the reported curbs on financial activities in the region.