Month: February 2023

Feb 28 2023

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Guangdong keen to take care of seniors from SARs

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A political adviser from Guangzhou, capital of Guangdong province, has urged departments in the southern metropolis to strengthen cooperation with their counterparts in the elderly care sector in the …

Feb 25 2023

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Analysis-Investors Wary Of Chinese Assets As Political Risk Ramps Up

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Many large money managers are steering clear of Chinese assets, missing out on the nation’s post-COVID stock market rally in the latest example of strategic concerns trumping juicy returns.

Feb 24 2023

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“Budget incentive not enough to get elders into jobs”

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A social services group on Thursday praised the financial secretary’s budget initiative to encourage bosses to hire elderly workers, but said …

Feb 23 2023

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Hong Kong budget 2023-24: 6 takeaways from Paul Chan’s latest financial blueprint

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A portion of the government’s green bonds will also be included as an option for funds under the Mandatory Provident Fund (MPF). A total of HK$50 million would be earmarked...

Feb 23 2023

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Budget 2023-24: child allowance boosted by HK$10,000, but is increase enough to turn around Hong Kong’s falling birth rate?

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Financial Secretary Paul Chan proposes increasing allowance per child to HK$130,000 as ‘first step’ in tackling … tax deduction for companies’ voluntary contributions to the Mandatory Provident Fund …

Feb 23 2023

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Consolidating HK’s global hub status

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Financial Secretary Paul Chan announces a series of measures in the 2023-24 Budget with a view to consolidating Hong Kong’s status as an international financial centre.

Feb 12 2023

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HSBC complicit in Hong Kong rights abuses, inquiry by UK politicians concludes

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An inquiry by UK MPs and peers has concluded that British banking giant HSBC has been complicit in rights abuses in Hong Kong by denying Mandatory Provident Fund (MPF) pension...

Feb 11 2023

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Hang Seng Mandatory Provident Fund-supertrust Plus Age 65 Plus (0P0000MPRO)

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Feb 09 2023

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UK MPs and peers find HSBC complicit in Hong Kong human rights abuses

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Bank sided with China in denying pension payouts to people who fled crackdown, says all-party group …

Feb 09 2023

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HSBC putting China’s interests above exiled Hong Kong customers, UK lawmakers say

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British lawmakers have accused HSBC of mistreating customers who have fled Hong Kong in the wake of China’s anti-democracy crackdown, to protect the bank’s profits and curry favour with the...