Zhi Tong Cai Jing·2025-10-28 03:29Core Viewpoint - AIA Group (01299) is experiencing a significant increase in stock price, with a rise of 3.19% to HKD 74.45, driven by positive market expectations regarding its new business value growth in Q3 [1] Group 1: Business Performance - Citigroup forecasts that AIA's new business value will accelerate further in Q3, with year-on-year growth of 21% when calculated at AER and 19% at CER [1] - The company benefits from the redistribution of wealth among mainland families, strong insurance demand under low interest rates, attractive products in Hong Kong, and spillover effects from sales booms [1] - AIA's new business value growth is primarily expected to come from the mainland and Hong Kong markets [1] Group 2: Market Position - Pacific Securities previously stated that AIA maintains a strong position in the Asian life insurance market, with robust growth in Hong Kong and Thailand during the first half of the year [1] - Profit margins in mainland China have improved, while high growth continues in emerging markets such as ASEAN and India [1]