20150612-HSBC-友邦保险（1299）：BUY，FIVE-DAY_SE_ASIA_TOUR_REINFORCES_OUR_POSITIVE_VIEW-114064

Reiterate Buy on AIA after our five-day Southeast Asia field trip.We met insurers，regulators and local experts in the life markets of Thailand，the Philippines，Malaysia，Singapore and Hong Kong，which together accounted for 76% of AIA’s new business value（NBV）in FY14.