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Asia Financial Holdings ( (HK:0662) ) has issued an announcement.
Asia Financial Holdings Limited has announced the completion of a significant transaction involving the disposal of its shareholding in Hong Kong Life Insurance Limited. This transaction, finalized on October 9, 2025, resulted in Asia Insurance, a subsidiary of the company, receiving a substantial payment of HK$294,666,666.66. The completion of this transaction is likely to impact the company’s financial positioning and could have implications for its strategic focus within the insurance sector.
The most recent analyst rating on (HK:0662) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Asia Financial Holdings stock, see the HK:0662 Stock Forecast page.
More about Asia Financial Holdings
Asia Financial Holdings Limited operates in the financial services industry, primarily focusing on insurance through its wholly-owned subsidiary, Asia Insurance. The company is engaged in providing a range of insurance products and services, with a market focus on the Hong Kong region.
Average Trading Volume: 35,351
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.92B
For detailed information about 0662 stock, go to TipRanks’ Stock Analysis page.