AIA Group shares fall 8 percent on 18 billion debt plan
AIA Group shares fell 8 percent on Monday as the insurer announced an 18 billion dollar debt program. Investors are concerned about rising funding costs.
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AIA Group Limited shares fell by more than 8% in Hong Kong on Monday following the insurer's announcement of a plan to issue $18 billion in debt. The move comes amid rising yields that market participants fear could drive up future funding costs for the financial heavyweight.
