JPM released a research report stating that AIA (01299.HK) +0.950 (+1.117%) Short selling $452.40M; Ratio 28.631% recorded new business value of USD1.757 billion in 1Q26, representing a YoY increase of 17% at actual exchange rates, well above the banks forecast of USD1.581 billion. Strong sales growth in Mainland China and Hong Kong drove the earnings beat, while product margins narrowed slightly. The bank believes the market will take comfort from these results.JPM maintained its forecast for AIAs new business value to grow 13% YoY in FY2026 and expects a gradual recovery over the remainder of the year. It reiterated its Overweight rating with a TP of HKD112. (hc/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-04 16:25.)Related News Jefferies: AIA (01299.HK) Growth Momentum Likely to Exceed Market Consensus, Rates Buy with TP HKD97
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