Added to YB: 2025-04-03
Pitch date: 2025-04-01
1299.HK [neutral]
AIA Group Limited
+35.4%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
AIA Group Limited, together with its subsidiaries, provides life insurance based financial services. The company offers life insurance, accident, and health insurance and savings plans; and employee benefits, credit life, and pension services to corporate clients.
Market Cap
HKD 80.3B
Pitch Price
HKD 58.35
Price Target
N/A
Dividend
2.99%
EV/EBITDA
11.37
P/E
12.20
EV/Sales
4.08
Sector
Insurance
Category
growth
Travel notes: Pattaya - AIA Group
1299.HK (overview): AIA, top HK insurer, 60% premium from China. Underserved market (4% GDP vs 11% S.Korea). Strong agent network, expanding provinces. COVID recovery, EPS at ATH. 11x P/E, 2.9% yield vs 22x historical. Risks: slow HK recovery, rate cycle impact. $12B buyback completed. Bull case: China/Taiwan growth. Bear case: increased competition, tourism weakness.
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