MANULIFE-S

Manulife Financial (945.HK) closed up 1.64% at HKD 322 after briefly touching a fresh 52-week high of HKD 324 during the session, showing a pattern of intraday volatility. The strong Q1 earnings—net profit surged 163% YoY to HKD 6.13 billion and EPS grew 171% to HKD 3.6555 alongside a 16% revenue increase—drove the initial rally, but gains faded by the afternoon as the stock retreated from its 14:21 peak. The current price stands 37.6% above its 52-week low of HKD 234 and has risen 13.46% YTD, though it remains slightly below the 20-day (HKD 311.73) and 60-day (HKD 303.1) moving averages. Recent news includes the appointment of Lam Pui as Greater China CMO, a former Prudential executive joining the Hong Kong board, and reports that the firm withdrew a loan product for wealthy Hong Kong clients following scrutiny, while Leading Intelligent's 10% jump on Manulife's stake increase offered countervailing positive sentiment.