Category: Mainland

Jan 17 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s shuttered Physical gym chain owner sells 4 flats at over 40% discount

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Disposal involved four units at Park Haven development in Causeway Bay, which were sold by Physical owner Luk Ngai-keung.

Jan 14 2025

Hong Kong, Korea, Mainland, Stocks

Cross-border retirement plans could give Hongkongers access to cheaper healthcare: experts

by News Desk

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Hong Kong has an ageing population, a low birth rate and many retirees are financially unprepared for the future, experts say.

Jan 14 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s MPF posts 8.6% investment return in “favourable” 2024

by News Desk

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Hong Kong’s Mandatory Provident Fund (MPF) investments had a “favourable” 2024 with a “good” return of 8.6% driven by equity funds, more than double the 3.4% earned in the prior...

Jan 11 2025

Hong Kong, Korea, Mainland, Stocks

China’s Pension Crisis Deepens With Boycott From Millions of Youth

by News Desk

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For Beijing, the ramifications go beyond the lost billions in tourism dollars. It undercuts President Xi Jinping’s call for more people-to-people exchanges, and is a missed opportunity to change much...

Jan 08 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s MPF investments return the most since 2020

by News Desk

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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

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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

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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

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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

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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

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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...