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Prudential Plc Results 20-Mar: Insight to China and CRE Markets

FINANCIALS

Prudential plc 4Q23 results due 20-Mar, not a EUR issuer but a significant investor, including CRE and operates largely across Asia and Africa, including China.


  • Another set of results of tangential interest but PRUFIN is a bellwether for global insurers, especially those with businesses in Asia. AIA results last week (14-Mar) showed few negatives across its Greater China business. PRUFIN’s last trading update (6-Nov) was similar but with overall group AuMs lower q/q.
  • The obvious peers with similar exposures are HSBC, Standard Chartered, AIA and the local companies, few of which have EUR credit outstanding.
Results will be released at 0400 (London time) with conf call at 0830 at: https://www.investis-live.com/prudential/65d362b6d0d520120026534a/taer

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