Prudential is trading at $25.16 (-4.68%) after its mainland China outlook made the group’s 2026 growth target more challenging.
- In its November 5 update, Prudential said mainland China new-business profit is expected to fall 10%–15% this year.
- Quarterly new-business profit rose just 1%, while sales fell 6%.
- The wider U.S. selloff may add pressure, but the company update is the more direct explanation.