Prudential's Strong 2023 Results Fueled by Mainland China Visitors' Return to Hong Kong
Prudential Reports Strong 2023 Performance
UK insurer Prudential announced stellar financial results for the year 2023, showcasing a profit of US$1.71 billion. The growth was driven by a surge in sales to mainland Chinese customers, particularly those returning to Hong Kong seeking life policies and opportunities for investment.
Mainland China Visitors Drive Sales
The increase in sales can be attributed to the resurgence of mainland Chinese visitors in Hong Kong, resulting in a boost for Prudential's business. The demand for investment returns and comprehensive insurance coverage contributed significantly to the company's financial success for the year.
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