AIA has a good option against Hong Kong turmoil

For AIA, China looks less like an option for growth, and more of a future necessity, says AlecMac11

AIA Group on Aug. 23 reported a 20% rise in new business during the first half of the year, while warning of softening sales in Hong Kong amid ongoing protests in the city.

The insurance company's new business value rose to $2.3 billion in the half-year period ended June from $1.95 billion a year earlier, the company said in a statement. AIA reported a 19% rise in new business from Hong Kong and a 34% rise in China.

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