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AIA: Very Limited Exposure to Mideast Operations
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Jacky Chan, Regional Chief Executive and Group Chief Distribution Officer of AIA (01299.HK), revealed that the Hong Kong business charted robust growth in 1Q26, and that the VONB of the Hong Kong operations, including local customers and Mainland China Visitors (MCVs) to Hong Kong, achieved high double-digit growth in January and February 2026. When asked about the impact of tensions in the Middle East, Lee Yuan Siong, Group Chief Executive and President, said that the company is keeping a close tab on developments. The group has no direct operations or investment exposure in Iran with very limited exposure in the entire Middle East region. The group's business is primarily in Asia, powered by demand for insurance products in the region. Recent short-term financial market turmoil will not affect the long-term development of the region and the group. AASTOCKS Financial News Website: www.aastocks.com |
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