Category: Stocks

Jan 25 2025

Hong Kong, Korea, Mainland, Stocks

Year of the Snake: Hongkongers’ MPF investments to face volatility, analysts say

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Sterling returns during the Year of the Dragon will be hard to repeat, with US-China trade relations as an X factor, according to experts The Year of the Snake promises...

Jan 24 2025

Hong Kong, Korea, Mainland, Stocks

MPFA Consults LAB on Proposed Upward Tweak of Upper/ Lower Limits of Contribution Income by $3,000: Sources

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The Mandatory Provident Fund Schemes Authority (MPFA), having consulted representatives of both employers and employees recently, proposed initially that the minimum level of relevant income for MPF …

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

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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

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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

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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

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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

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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

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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

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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...