HKEx was uncomfortable with AIA listing

Author: | Published: 1 Nov 2010

Lawyers on the initial public offering (IPO) of AIA, have revealed how the pan-Asian life-insurance business of American International Group (AIG), faced difficulties in getting Hong Kong’s stock exchange comfortable with the listing.

The deal generated $20.5 billion following what has become Hong Kong’s largest-ever IPO. But it was hampered by a belief that the firm...