News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>CICC: AIA Expects to Complete Shr Buyback Ahead of Schedule; Mgmt Outlook Could Lift Shr Price
After opening up 3.8% this morning, AIA (01299.HK) once leaped by 4.7% to a peak of $61.9. It last traded at $61, up 3.2%, on a turnover of $1.792 billion.According to CICC's r...
Reset
Send
The window will close in 5 seconds
<Research>CICC: AIA Expects to Complete Shr Buyback Ahead of Schedule; Mgmt Outlook Could Lift Shr Price
Close
Recommend
18
Positive
42
Negative
15
 
 

After opening up 3.8% this morning, AIA (01299.HK)  +1.700 (+2.833%)    Short selling $686.75M; Ratio 20.726%   once leaped by 4.7% to a peak of $61.9. It last traded at $61, up 3.2%, on a turnover of $1.792 billion.

According to CICC's report, AIA expressed confidence in achieving its target of a 9-11% CAGR in operating profit per share in 2023-26 in its results announcement. The group also revealed that the previously announced new US$1.6 billion share buyback program had already commenced on April 14, 2025, which is expected to be completed within three months, ahead of the timeline suggesting completion by 2025 as indicated in the annual results meeting.

Related NewsG Sachs: AIA 1Q VONB Beats; CN Mkt Shows Steady Growth
CICC believed that this reflected management's expectation of a potential rise in the group's share price, and that the results and the above conditions would provide strong support for its stock price. The broker kept its earnings forecast and Outperform rating unchanged for AIA, with a target price still at $74.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-06 16:25.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.