Category: Hong Kong

Jun 10 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s massive pension project grapples with technical glitches

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Hong Kong’s eMPF Platform, launched in June 2024 to modernize the city’s $166 billion (HK$1.3 trillion) pension system, has cut administrative fees by 36% but faces growing criticism over technical...

Jun 09 2025

Hong Kong, Korea, Mainland, Stocks

‘All MPF schemes to be onboarded to eMPF this year’

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The managing director of the Mandatory Provident Fund Schemes Authority (MPFA), Cheng Yan-chee, on Saturday said the authority aims to transfer all …

Jun 09 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s Platform for $166 Billion Pension Faces Glitches

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Some Hong Kong pensioners migrating to a new electronic system for retirement savings have experienced glitches, raising concerns over the platform’s reliability as it enters a key phase of adding...

Jun 08 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s platform for HK$1.3 trillion pension faces glitches

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The eMPF platform, built by a unit of Hong Kong tycoon Richard Li’s PCCW Ltd. and assisted in operations by Singapore-based subcontractor iFast Corp., showed tech issues including log-in difficulty.

Jun 07 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s New Platform for $166 Billion Pension Faces Glitches

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Some Hong Kong pensioners migrating to a new electronic system for retirement savings have experienced glitches, raising concerns over the platform’s reliability as it enters a key phase of adding...

Jun 07 2025

Hong Kong, Korea, Mainland, Stocks

Manulife’s Hong Kong unit to redomicile from Bermuda thanks to new law

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Redomiciling to Hong Kong allows us to better align with the city’s robust financial and regulatory environment,’ CEO says.

Jun 05 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong: Pension Authority Warns Of US Debt Selloff

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The territory’s mandatory provident funds (MPFs)—Hong Kong’s compulsory retirement savings schemes—are val- ued at approximately $167 billion, of which about 37% were invested in bonds and balanced …

Jun 04 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong MPF administration fees down by 36% since launch of digital platform

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More than 2.7 million members and 70,000 employers to be managed under new system by end of second phase of migration in August.

Jun 04 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong lawmakers support MPF change to make accounts fully portable

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Letting members move their full portfolios to new providers would promote proactive management and competition, official says.

Jun 03 2025

Hong Kong, Korea, Mainland, Stocks

Treasuries gloom is boosting demand for Asia’s top-rated debt

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Bonds in Australia and Singapore are getting a lift as questions about the appeal of US Treasuries send investors toward top-rated alternatives.