Shares of HSBC in Hong Kong could go up to 70 Hong Kong dollars after it tapped AIA's chief to take over as chairman, one analyst told CNBC.
Jackson Wong of Huarong International Securities says the newly-named HSBC chairman, Mark Tucker, possesses the know-how when it comes to operating in Asia.
Asian shares were mixed on the last trading day of the year, with Hong Kong and Taiwan in the lead.
AIA Group President Mark Tucker tells CNBC that there has been sustained growth in the past six years since the insurer went public.
Four companies swept the board in Institutional Investor's rankings of Asia excluding-Japan corporate leaders.
AIG sold a chunk of its stake in China's PICC for $1.25 billion, joining other big financial companies in stepping away from holdings on the mainland.
China's slowing economy and market rout may capture headlines, but the mainland's debt load is a bigger worry, said top China banking analyst Charlene Chu.
As the Asia-Pacific Economic Cooperation CEO Summit kicked off Tuesday, General Electric and AIA were some of the top names lauding recent accomplishments.
The meltdown in Chinese stocks last month will not dent the growth story in the world's second-biggest economy, the boss of AIA Group said.
A sell-off unfolded in Asia's stock markets on Friday, hit by a triple whammy of U.S. losses, a continued slump in commodities and soft Chinese data.
AIA Group remains committed to Asia and has no plans to venture abroad, Group CEO and President Mark Tucker said.
Shares in Chinese real estate developer Dalian Wanda traded flat as concerns about debt and a high valuation offset optimism.
The countdown has begun for the launch of the Shanghai-HK stock connect, but how can investors position for the milestone cross-border trading link?
Singaporeans are the most concerned about retirement compared to other Southeast Asia nations, a study by AIA published this week found this week.
Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.
Citigroup has picked AIA as its partner in a deal that allows the insurer's products to be sold through the U.S. bank's network. The FT reports.
Improving mainland economic data and hopes for export gains as the U.S. economy recovers have boosted Hong Kong stocks but some players, including Goldman Sachs, are sounding warnings.
Check out last year's top 10 picks from Omega Advisors founder Leon Cooperman and guess what you find? A 31 percent return.
Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows.
Block deals hit a record $57.3 billion this year as they become the mainstay of Asian investment banks, bringing relief to IPO-starved equity capital markets (ECM) bankers in the region.