Top Stories: CKH Holdings, AIA, and Other Trending Topics

Here’s a quick look at the top stories making headlines in finance and business over the past two hours:

1. CKH HOLDINGS Sinks 5%; HKMAO Reposts Article Questioning Port Sale Decision: CKH Holdings experienced a 5% drop in value, and the Hong Kong and Macao Affairs Office (HKMAO) re-shared an article that raised questions about the company’s decision to sell its Panama Canal port assets.

2. HKMAO Website Republishes Commentary Urging CKH to Reconsider Sale of Panama Canal Port Assets: The HKMAO’s website also published a commentary urging CKH to reconsider the sale of its Panama Canal port assets suggesting strong government interest in this case.

3. Regulatory Details for Indexed Universal Life Insurance Released: Details regarding the regulatory framework for Indexed Universal Life Insurance have been released.

4. AIA Opens 2% Lower as 2024 VONB Rises 17%, in Line, Launch of New Shr Buyback of US$1.6B: AIA shares opened 2% lower despite a 17% increase in its 2024 Value of New Business (VONB), which met expectations, and the announcement of a new US$1.6 billion share buyback program.

5. G Sachs: AIA 2024 VONB/ New Shr Buyback Plan Miss: Goldman Sachs’ research indicates AIA’s 2024 VONB and the new share buyback plan missed expectations.

6. XIAOMI-W Lei Jun Gifts Xiaomi 15 Ultra to NEW ORIENTAL-S Yu Minhong: Lei Jun of XIAOMI-W gifted a Xiaomi 15 Ultra to Yu Minhong of NEW ORIENTAL-S.

7. 22-yr-old Female Mastermind Sentenced to 48 Mths’ Imprisonment for Impersonating PayMe Staff, Transferring 138 People Deposits: A 22-year-old woman was sentenced to 48 months in prison for impersonating PayMe staff and fraudulently obtaining transfers from 138 individuals.

8. TENCENT Reportedly Purchases Billions of RMB Worth of Nvidia H20 Chips: It’s reported that TENCENT has purchased several billion RMB worth of Nvidia H20 chips.

9. Kaiyuan Securities: AH Premium Rate Not Constraint for HK Stocks; Tech/ Consumer/ High Div. Stocks Recommended: Kaiyuan Securities suggests that the AH premium rate isn’t a constraint for Hong Kong stocks, recommending tech, consumer, and high-dividend stocks.

10. BABA-W’s Amap Launches New Feature in HK to Cut Avg. Wait Time for Ride by 30%+: BABA-W’s Amap launched a new feature in Hong Kong designed to reduce the average wait time for ride-hailing services by more than 30%.