Category: Mainland

Jan 08 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s MPF investments return the most since 2020

by News Desk

No Comments

Hong Kong’s Mandatory Provident Fund posted an investment gain of HK$102.4 billion (US$13.11 billion) in the year just ended for a return of 8.82%, the best since 2020, as its...

Jan 07 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s nest egg fund gained 13% in 2024, at the best pace in 4 years for pensioners

by News Desk

No Comments

The 4.75 million members of Hong Kong’s Mandatory Provident Fund (MPF) enjoyed a 13 per cent increase in their pension assets in 2024 thanks to the best investment returns in...

Jan 07 2025

Hong Kong, Korea, Mainland, Stocks

MPF reports best annual result since 2020

by News Desk

No Comments

Hong Kong’s compulsory pension scheme, recorded an 8.82% return last year, its best annual result since 2020, delivering earnings of HK$102.4 billion (US$13.16 billion) or an average of HK$21,500 for...

Jan 06 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong pension fund grows by 13% in 2024 with best returns in 4 years

by News Desk

No Comments

The 4.75 million members of Hong Kong’s Mandatory Provident Fund (MPF) enjoyed a 13 per cent increase in their pension assets in 2024 thanks to the best investment returns in...

Jan 06 2025

Hong Kong, Korea, Mainland, Stocks

Strong gains in MPF provide a measure of relief for Hong Kong pensioners

by News Desk

No Comments

But there is still a long way to go as three-quarters of Hongkongers expect they will have to work beyond retirement age Good news has been a long time coming...

Jan 04 2025

Hong Kong, Korea, Mainland, Stocks

HK to further revitalize economy, deepen intl ties

by News Desk

No Comments

In a social media post published on Wednesday, the first day of 2025, Hong Kong Chief Executive John Lee Ka-chiu revealed that the government will focus on deepening reforms and...

Jan 04 2025

Hong Kong, Korea, Mainland, Stocks

CPP Investments Sells Stake in Four Real Estate Joint Venture Projects in China

by News Desk

No Comments

Canada Pension Plan Investment Board (CPP Investments) today announced that it has agreed to sell its 49% interest in four real estate joint venture projects with Chinese real estate company...

Dec 27 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong MPF on course for best return in 4 years this year; outlook ‘positive’ for 2025

by News Desk

No Comments

MPF Ratings says ‘members may be tempted to have a US bias in their portfolio, but diversification is important’.

Dec 24 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong may see 43% jump in family offices in 2025

by News Desk

No Comments

Hong Kong may see a 43% increase in family offices in 2025 thanks to new government measures to entice wealthy individuals to set up shop in the city, Alpha Lau,...

Dec 24 2024

Hong Kong, Korea, Mainland, Stocks

MetLife is said to near deal to buy PineBridge Investments

by News Desk

No Comments

PCG bought PineBridge from American International Group Inc. for $500 million in 2010 as the insurer was selling assets to repay a government bailout. PineBridge’s clients include pension plans, …