AIA Group, Asia's largest insurer, reported its best first-half profit in five years, as mainland Chinese customers continue buying policies in Hong Kong with an eye on better investment returns and as a hedge against a weakening yuan. Net profit rose 53 per cent in the six months to June to US$3.31 billion, or 29.53 US cents per share, according to a filing to the Hong Kong stock exchange on Thursday. This exceeded analysts' estimates of a 45 per cent increase in net profit to US$3.27. It was a
Earnings preview of key companies reporting this week and what to look out for.
As global markets navigate through a mix of cooling labor markets and fluctuating interest rates, investors are keenly observing shifts across various indices. In such an environment, identifying stocks that appear undervalued relative to their intrinsic value could be particularly compelling.