Prudential is being tarred with the same brush as other companies operating predominately in Asia. Prudential's share price is down 20% since the beginning of 2023, not because of poor underlying performance but because investors have built in a discount because of where they operate. China has been a major source of investor angst in 2023. Consistently bad economic data releases and underwhelming stimulative measures by the authorities have led to sharp declines in London-listed China-focused stocks. These are typically mining companies which are suffering from lower natural resources price...
