Author of Adwitiya Srivatlasts and Aadity Govdrado
(Reuters) -On Friday, the insurer AIA based in Hong -Kong recorded a 18% increase in the annual new business value (VONB), but missed the estimates, while announced by the rejection of a stake of $ 1.6 billion, which analysts said was missing market expectations.
The company’s shares have fallen as much as 4.2% by 0615 GMT, hitting their lowest level from March 5. The shares were also the best loser in the Hang Seng Seng Finance Index, which increased by 1.6%.
Aia has approved a new $ 1.6 billion redemption plan, citing his strong financial position. However, analysts from Jefferies said the purchase was missing expectations.
The company last approved the share of shares redemption in April 2024, extending it for about $ 2 billion.
He also proclaimed a final dividend of 130.98 Hong Kong per share, compared to 119.07 Hong Kongs Centa proclaimed last year.
“Overall, dividends and bought Aia offers an investors in this way a total yield that is surprisingly competitive with lower -growth peers,” Jeffersi said.
Aia -ov Vonb, who measured the expected profit of new premiums and was a key measure of future growth, rose to $ 4.71 billion on a permanent currency basis for the year that ended on December 31, with $ 4.03 billion a year earlier.
However, he missed the visible assessment of the alpha consensus of $ 4.78 billion, Jeffersi said.
His key job in China recorded a 20% increase in VONB for a year, while Hong Kong Division jumped 23%.
The VONB margin of the company has increased by 1.9 percentage points, thanks to favorable product mixing and re -examining efforts in Hong Kong and China, its main markets.
(This story is re -enrolled to add a dollar symbol to the title)
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