China Business News: AIA to raise US$8 bln from Hong Kong IPO

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Latest News :2010.02.09 Search News Or

AIA to raise US$8 bln from Hong Kong IPO

Jun. 22, 2009 (China Knowledge) - American International Assurance Co Ltd (AIA), the Asian life insurance subsidiary of insurance giant American International Group (AIG), expects to raise up to US$8 billion via an initial public offering (IPO) in Hong Kong, the National Business Daily reported on Friday.The offering will be the largest IPO in Hong Kong since April 2007, said the newspaper.Reuters

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February 2010

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