Bankers pin hopes on blocks to revive equity market

Speculation increases over whether AIG will sell more shares in AIA as a 12-month lock-up is about to expire, but bankers say the divestment may not necessarily be through a block trade.
<div style="text-align: left;">Is AIG about to sell another big stake in AIA? (AFP)
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<div style="text-align: left;">Is AIG about to sell another big stake in AIA? (AFP) </div>

A decline in Hong Kong stocks on Friday reminded market participants that a potential recovery from the slump in share prices will not happen in a straight line and clearly shows that the market remains very headline-driven.

¬ Haymarket Media Limited. All rights reserved.

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