Streetbeat News

AAGIY

AIA Group Limited

https://www.aia.com/

CEO

Yuan Siong Lee

Open

27.40

Mkt cap

75B

Volume

44K

High

28.15

P/E Ratio

16.09

52-wk high

38.44

Low

27.40

Div yield

0.03

52-wk low

23.33

Hong Kong stocks rallied on Friday, driven by strong consumer turnout and hopes of government stimulus. Alibaba Group Holding (NYSE:BABA) and JD.com Inc (NASDAQ:JD) saw their stocks rise due to successful Single’s Day presales promotions. Tencent Holdings Limited (OTC:TCEHY) also got a boost from its investment in J&T Global Express Limited's IPO. EV stocks, including Nio Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI), rose after Tesla Inc (NASDAQ:TSLA) scrapped a discount on its Model Y EV. Financials China Construction Bank (OTC:CICHY), AIA Group (OTC:AAGIY), and Ping An Insurance Group (OTC:PNGAY) also rose despite heavy short-selling.

Portfolio Pulse from Daniel Harrison

October 27, 2023 | 1:41 pm

Despite a quiet trading week in Hong Kong due to a 7-day national holiday in China, several companies repurchased their own shares. The top 5 repurchasers were Tencent Holdings Limited (TCEHY), HSBC plc (HSBC), AIA Group Limited (AAGIY), Xiaomi Corporation (XIACY), and ESR GROUP Limited (ESRGF). On US exchanges, KE Holdings Inc (BEKE) and Alibaba Group Holding Limited (BABA) also made large purchases of their own ADRs.

Portfolio Pulse from Daniel Harrison

October 10, 2023 | 4:51 pm

38 companies repurchased a total of $105 million of their shares on the Hong Kong Stock Exchange. Yum China Holdings Inc. (NYSE:YUMC) and KE Holdings Inc (NYSE:BEKE) are scheduled to make stock and ADR purchases in the US trading session. Five companies spent over eight figures on buying back their shares, including AIA Group Limited (OTC:AAGIY), Dongfeng Motor Group Company Limited (OTC:DNFGF), Xiaomi Corporation (OTC:XIACF), and Tencent Holdings Limited (OTC:TCEHY).

Portfolio Pulse from Daniel Harrison

October 05, 2023 | 7:56 pm

Hong Kong companies have been buying back their shares at an all-time high, with HSBC Holdings, AIA Group, Tencent Holdings, and Xiaomi Corporation leading the pack. In the US, KE Holdings and Yum China Holdings made substantial stock repurchases.

Portfolio Pulse from Daniel Harrison

October 04, 2023 | 2:52 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.