A substantial stake in AIA Group Ltd, valued at approximately US$3.4 billion (HK$26.8 billion or RM14.4 billion), has been divested by an undisclosed shareholder through a block trade, according to individuals with knowledge of the transaction. This marks one of the largest equity disposals in Hong Kong so far this year.
The transaction involved 394.4 million shares, equivalent to a 3.7% holding in the Hong Kong-headquartered insurer. The shares were sold at HK$68 each, reflecting a 6% discount to AIA’s closing price on Thursday. Following the announcement, AIA shares declined by 4.4% during Friday’s trading session.
Sources familiar with the matter confirmed the sale was executed by a single party, though they declined to be identified due to the confidential nature of the transaction. AIA Group has not issued any comment in response to out-of-hours enquiries.
This represents the fourth-largest equity sale in Hong Kong in 2025, based on Bloomberg-compiled data. The transaction highlights growing activity in the region’s capital markets, with Hong Kong ranking as the world’s second-largest venue for equity offerings during the first half of the year.
The placement was managed by Morgan Stanley.
-Bloomberg
