Core Viewpoint - Morgan Stanley forecasts that AIA Group (01299) will see a 15% year-on-year increase in new business value for Q3, continuing the momentum from a 14% increase in the first half of the year [1] Group 1: Market Performance - The Hong Kong market is expected to achieve a 20% year-on-year growth in new business value for Q3, driven by the launch of popular new participatory products [1] - The mainland market is projected to see a 9% year-on-year increase in new business value, supported by healthy demand due to a new round of interest rate cuts, regional business expansion, and growth in bancassurance channels [1] - The Thai market is anticipated to experience a 20% year-on-year growth in new business value, with annualized premium equivalents in July and August showing a 13% year-on-year increase, alongside stable profit margins for certain medical products [1] - The Singapore market is expected to achieve a 19% year-on-year growth in new business value, with new linked products likely to remain attractive [1] Group 2: Investment Rating - Morgan Stanley maintains an "Overweight" rating for AIA Group, with a target price set at HKD 96 [1]

Core Viewpoint - UBS estimates that AIA Group (01299) will see a 10% half-on-half increase in embedded value (EV) in the second half of 2025, compared to a 2.6% increase in the first half [1] Group 1: Financial Performance - UBS maintains the target price for AIA at HKD 88 and retains a "Buy" rating [1] - AIA is expected to report a year-on-year increase in new business value (VNB) of 18% and 17% on an actual exchange rate (AER) and constant exchange rate (CER) basis, respectively, for the third quarter, accelerating from 16% and 14% growth in the first half [1] - The strong growth is primarily driven by a robust rebound in the Chinese market [1] Group 2: Market Insights - Despite the introduction of interest rate cap guidelines on July 1, AIA's new business value growth in Hong Kong remains strong, supported by the momentum from mainland visitors in the agency channel [1] - AIA's new business value in China is predicted to rebound by 20% year-on-year in the third quarter, contrasting with a 4% decline in the first half [1] - In Thailand, UBS anticipates a high single-digit year-on-year growth in new business value for AIA [1] - In Singapore, due to product mix adjustments in April, the year-on-year growth rate for new business value in the third quarter is expected to slow compared to the first half [1] - In Malaysia, new business value is expected to recover moderately as headwinds in the agency channel gradually dissipate [1] - Other markets, particularly India and Vietnam, are projected to support double-digit growth in AIA's new business value [1]

Core Viewpoint - UBS estimates that AIA Group Limited (01299.HK) will see a 10% half-year increase in embedded value (EV) in the second half of 2025, following a 2.6% increase in the first half. UBS has adjusted its earnings and embedded value forecasts based on the latest macroeconomic environment but maintains a target price of HKD 88 and a "Buy" rating for AIA [1][2]. Group 1: Analyst Ratings - The majority of investment banks have a "Buy" rating for AIA, with 8 banks issuing buy ratings in the last 90 days. The average target price over this period is HKD 85.37 [1]. - CMB International Capital Corporation Limited has set the highest target price at HKD 89, while other banks have set target prices ranging from HKD 83 to HKD 85.90 [1][2]. Group 2: Company Performance Metrics - AIA's market capitalization is HKD 753.694 billion, ranking first in the insurance industry [2]. - Key performance indicators for AIA include a Return on Equity (ROE) of 14.76%, which is above the industry average of 13.8%, and a net profit margin of 22.49%, significantly higher than the industry average of 17.41% [2]. - AIA's debt ratio stands at 87.56%, compared to the industry average of 74.78%, ranking 7th in the industry [2].

Core Viewpoint - UBS estimates that AIA Group (01299) will see a 10% half-year increase in embedded value (EV) in the second half of 2025, compared to a 2.6% increase in the first half. UBS maintains a target price of HKD 88 and a "Buy" rating for AIA Group [1] Group 1: Financial Performance - AIA Group is expected to announce its Q3 2025 results on October 31, with new business value (VNB) projected to increase by 18% year-on-year on an actual exchange rate (AER) basis and 17% on a constant exchange rate (CER) basis, accelerating from 16% and 14% growth in the first half [1] - UBS attributes this strong growth primarily to a robust rebound in the Chinese market [1] Group 2: Market Insights - Despite the introduction of interest rate caps in Hong Kong on July 1, AIA's new business value growth remains strong, driven by the momentum of mainland visitors in the agency channel during Q3 [1] - In China, AIA's new business value is forecasted to rebound by 20% year-on-year, contrasting with a 4% decline in the first half [1] - In Thailand, UBS anticipates high single-digit year-on-year growth in new business value for AIA [1] - In Singapore, due to product mix adjustments in April, the year-on-year growth rate for new business value is expected to slow compared to the first half [1] - In Malaysia, new business value is projected to recover moderately as headwinds in the agency channel gradually dissipate [1] - Other markets, particularly India and Vietnam, are expected to support double-digit growth in AIA's new business value [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01299 | | 說明 | | | | | | | 多櫃檯證券代號 | 81299 | RMB 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 10,504,433,563 | | 0 | | 10,504,433,563 | | 增加 / 減少 (-) | | | | 6,400 | | 0 | | | | 本月底結存 | | | | 10,504,439,963 | | 0 | | 10,504,439,963 | 第 2 頁 共 11 頁 v 1.1.1 III.已發行股份及/或庫存股份變動詳情 (A) ...

Core Viewpoint - AIA Group (01299) announced that the interim dividend of HKD 0.333 per share, declared on September 26, 2019, will be forfeited and returned to the company if not claimed by October 31, 2025 [1] Summary by Relevant Categories - **Dividend Announcement** - AIA Group declared an interim dividend of HKD 0.333 per share on September 26, 2019 [1] - The unclaimed dividends will be forfeited and returned to the company after October 31, 2025 [1]

Core Viewpoint - AIA Group Limited (01299.HK) announced that the interim dividend of HKD 0.3330 per share, which was declared on September 26, 2019, will be forfeited and returned to the company if not claimed by October 31, 2025 [1] Summary by Category - **Company Announcement** - AIA Group Limited will forfeit the unclaimed interim dividend from 2019 if it remains unclaimed by the specified date [1]

Core Viewpoint - AIA Group announced that the interim dividend of HKD 0.333 per share, declared on September 26, 2019, will be forfeited and returned to the company if not claimed by October 31, 2025 [1] Summary by Category - **Dividend Announcement** - AIA Group declared an interim dividend of HKD 0.333 per share on September 26, 2019 [1] - The unclaimed dividend will be forfeited and returned to the company after October 31, 2025 [1]

AIA Group Limited 友 邦 保 險 控 股 有 限 公 司 （於香港註冊成立的有限公司） 股份代號：1299（港幣櫃台）及 81299（人民幣櫃台） 董事名單與其角色和職能 友邦 保 險控 股 有限 公司 董 事會 成 員載 列如 下 ： 獨 立 非 執 行 主席 及 獨 立 非 執 行 董事 杜嘉 祺 爵士 執行董事 李源 祥 先生 （ 集團 首席 執 行官 兼 總裁 ） 獨 立 非 執 行 董事 蘇澤 光 先生 周松 崗 爵士 John Barrie HARRISON先生 楊榮 文 先生 劉遵 義 教授 Narongchai AKRASANEE博士 Cesar Velasquez PURISIMA先生 Mari Elka PANGESTU女 士 王宗 智 先生 Nor Shamsiah MOHD YUNUS女 士 董事 會 轄下 之 四個 委員 會 的 董 事 成員 載列 如 下： 審核委員會 Cesar Velasquez PURISIMA先生 （ 主席 ） John Barrie HARRISON先生 蘇澤 光 先生 楊榮 文 先生 Narongchai AKRASANEE博士 Mar ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 本公告僅供參考，並不構成任何人士收購、購買或認購證券的邀請或要約。本公告並非亦無意作為在美國 發售本公司證券供出售的要約。本公司證券並無亦不會根據 1933 年美國證券法（經修訂）（「美國證券 法」）登記，且不得未根據美國證券法登記或適用豁免登記規定而在美國發售或出售。本公司證券並無亦 無計劃在美國公開發售。 於本公告日期，董事會由下列人士組成： 承董事會命 集團公司秘書 包婷婷 執行董事、集團首席執行官兼總裁： 李源祥先生 香港，2025 年 9 月 30 日 AIA Group Limited 友 邦 保 險 控 股 有 限 公 司 （於香港註冊成立的有限公司） 股份代號：1299（港幣櫃台）及 81299（人民幣櫃台） 沒收未領取的2019年中期股息 根據友邦保險控股有限公司（「本公司」）的組織章程細則第 142 條，凡自應付日起 六年內尚無人領取的股息，本公司董事可全部予以沒收，撥歸本公司所有。 ...