HK Stock Market Move | PRU (02378) rises more than 4%, currently assessing the possibility of ICICI Prudential Asset Management going public.

PRU (02378) surged over 4%, reaching a 4.66% increase as of the press time, at 69.6 Hong Kong dollars, with a turnover of 5.1056 million Hong Kong dollars. On the news front, on February 12th, PRU announced that Prudential plc today announced that it is currently evaluating the possibility of ICICI Prudential Asset Management Company Limited going public, which may involve partial reduction of its shares, subject to market conditions, necessary approvals, and other relevant factors. After the completion of this reduction, the net proceeds are intended to be returned to shareholders. The company will provide further updates at the appropriate time. As for PRU's strategy, India is an important market with strong growth potential. The company will continue to explore opportunities to expand its business in this market.