<div id="readability-page-1"><div><p>BofAS issued a research report stating that driven by Mainland China and Hong Kong markets, AIA (01299.HK)<span> </span><span> +1.750 (+2.058%)  </span> <span> Short selling $247.24M; Ratio 26.703%  </span> 's new business value (NBV) growth in 1Q beat expectations. On a constant exchange rate basis, NBV rose 13% YoY to USD1.76 billion, while on an actual exchange rate basis it increased 17%, outperforming peer Prudential. Excluding the Thailand market, the Group's NBV growth reached 22%. NBV margin edged down from 57.5% to 56%, mainly due to lower contribution from Thailand; annualized new premiums increased 16% YoY.</p><p>NBV in Mainland China grew 26% YoY, with contributions from both agency and bancassurance channels. NBV from protection products rose 17%. The number of newly recruited agents increased by more than 20%, while agent productivity and NBV in new provinces recorded strong growth. In Hong Kong, NBV rose 21% YoY, with growth from both local customers and Mainland Chinese visitor segments. Independent financial adviser and broker channels recorded strong YoY and QoQ growth.</p><p>AIA launched a USD1.7 billion share buyback programme at the end of March, which is expected to be completed within four months. BofAS maintained its Buy rating on AIA with a TP of HKD100. (ec/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-04 12:25.)</p></div><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p></div>

AAGIY

01299

<p>BofAS reported that AIA's 1Q new business value (NBV) growth exceeded expectations, driven by Mainland China and Hong Kong markets. NBV rose 13% YoY to USD1.76 billion at constant exchange rates, and 17% at actual rates. Excluding Thailand, NBV growth reached 22%. AIA's share buyback program of USD1.7 billion is expected to complete in four months. BofAS maintains a Buy rating on AIA with a target price of HKD100.</p>

AASTOCKS News

AIA Group

Prudential plc

Prudential financial

Bank of America

AIA-R

Prudential USD

Prudential

Prudential Financial Pref Share PRS 5.625 08/15/58

Prudential Financial Pref Share PFH 4.125 09/01/25

Prudential Financial Pref Share PRH 5.95 09/01/62

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

BofAS: AIA  1Q New Business Value Beats, Rating Buy