AIA stars in largest insurance IPO ever
| BY
Candice MakAIA, the Asian life insurance arm of AIG, has launched its US$20.5 billion initial public offering (IPO) on the Hong Kong stock exchange. It is the world's…
AIA, the Asian life insurance arm of AIG, has launched its US$20.5 billion initial public offering (IPO) on the Hong Kong stock exchange.
It is the world's largest IPO in the insurance sector, the largest ever single market listing in Hong Kong and the third-largest IPO in the world ever. AIA's shares were priced at HK$19.68 each.
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