Month: January 2023

Jan 29 2023

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When ‘retiring’ means more work

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Now the question these ageing nations are grappling with is how to adapt to the new reality — and potential benefits — of an older workforce while ensuring that people...

Jan 28 2023

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Year of the Rabbit 2023: MPF investments likely to recover on China reopening after the mauling last year, bonds to shine, analysts say

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Hong Kong’s compulsory pension scheme, are likely to see their retirement savings bounce back in the Year of the Rabbit as China’s reopening is expected to drive growth in the...

Jan 26 2023

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Don’t flaunt power, Lunar New Year fortune stick warns Hong Kong officials; rural leader says authorities should heed public opinion

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Heung Yee Kuk chairman Kenneth Lau urges authorities to consult public as they steer Hong Kong toward post-pandemic recovery, after drawing No 11 ‘neutral’ fortune stick.

Jan 26 2023

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Hang Seng Mandatory Provident Fund-SuperTrust Plus-Balanced Fund (0P00008SPR.HK)

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*Close price adjusted for splits.**Adjusted close price adjusted for splits and dividend and/or capital gain distributions. Loading more data …

Jan 15 2023

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iFast Corp maintains guidance despite Hong Kong epension platform delay

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Fast Corp has maintained its guidance for FY2023 to FY2025 for now, even though recent reports that the Hong Kong ePension platform’s roll out schedule has fallen behind by eight...

Jan 12 2023

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Hong Kong’s MPF loses 15%, may see double-digit bounce in 2023

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Hong Kong’s Mandatory Provident Fund (MPF) suffered its worst investment loss last year since the 2008 global financial crisis, but may see a double-digit rebound in 2023 amid signs that...

Jan 10 2023

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Hong Kong’s eMPF falls behind schedule, contractor PCCW gets warning

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Hong Kong’s PCCW Solutions is eight months behind schedule to build a digital centralised platform for the city’s Mandatory Provident Fund because of manpower shortage due to Covid-19, drawing the...

Jan 10 2023

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Hong Kong group urges portability of social security benefits across Greater Bay Area

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Hong Kong’s pension fund industry group is calling on the governments of China, Hong Kong and Macau to make their pension benefits portable across the Greater Bay Area or GBA....

Jan 10 2023

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PSP Investments Announces Two Senior Executive Appointments

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Deborah K. Orida, President and Chief Executive Officer at the Public Sector Pension Investment Board (PSP Investments), announced today, effective immediately, two new senior executive appointments …

Jan 08 2023

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Last year was second worst ever for MPF pots

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Hongkongers’ MPF accounts suffered their second-worst performance ever last year, with members losing an average of HK$40,100 – or more than 15 …