AIA first-half profit jumps 53% amid mainland Chinese insurance-buying spree in Hong Kong

Quick Summary:

Asia’s largest insurer posted its best first-half profit in five years at US$3.31 billion and beat analysts’ estimates of US$3.27 billion.

Mainland travellers buying policies in Hong Kong boosted AIA’s bottom line.

AI declared a first-half interim dividend of HK$0.445 per share, an increase of 5.2 per cent from a year earlier.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongChinaMalaysiaSingaporeThailand

Topics: Mainland Us$3 Kong Share Aia’s Growth Profit Billion Hong Increase Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 10:23:47 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 540 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22201466

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