The Hong Kong Observation Wheel, also known as the Central Ferris Wheel, bearing AIA’s corporate logo, on June 16, 2020. Photo: AFP
AIA looks past biggest profit slump in a decade, banking on Hong Kong’s reopened borders to lift insurance sales
- AIA’s 2022 net profit tumbled 96 per cent to US$282 million, or 2.36 US cents per share, missing analysts estimates
- Sales jumped in the first two months, as a million mainland Chinese travellers poured across the border into Hong Kong
The Hong Kong Observation Wheel, also known as the Central Ferris Wheel, bearing AIA’s corporate logo, on June 16, 2020. Photo: AFP
