Category: Uncategorized

Jun 08 2023

Uncategorized

Retirement: some Hong Kong employees dream of it, others dread it, will introducing a statutory age make a difference?

by News Desk

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Less educated Hongkongers with few skills want support to continue working as long as they can Experts say fixed retirement age has pluses, but may upset bosses and those keen...

Jun 07 2023

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Relocating Hong Kongers withdrew $200 mln from pensions in Q1, down 21.9% y/y

by News Desk

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Residents leaving Hong Kong permanently withdrew HK$1.57 billion ($200.6 million) from pension accounts in the first quarter of 2023, down 21.9% from a year earlier, government data showed on Tuesday.

Jun 06 2023

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Manulife Hong Kong to rebrand two MPF funds into ESG themed products

by News Desk

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The two funds will incorporate ESG factors as their key investment focus, and this will also be reflected in their investment objectives and underlying investments, Manulife Hong …

Jun 06 2023

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Pension funds recoiling from China, says Dutch asset manager

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APG, one of the world’s largest asset managers, said its pension fund clients were shying away from China in a growing pullback by investors alarmed at rising geopolitical risks.

Jun 05 2023

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In Hong Kong, there is such a thing as a free lunch

by News Desk

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They were originally thought to have left Hong Kong after they were found to have emptied their Mandatory Provident Fund accounts. That may mean a number of them moved overseas...

Jun 02 2023

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Canadian pension fund CDPQ puts brakes on China investment

by News Desk

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We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse...

Jun 02 2023

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Ontario Teachers’ Pension loses senior executives in Asia while fund hits ‘pause’ on China deals

by News Desk

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Ben Chan is stepping down as the Asia-Pacific Executive Managing Director of the Ontario Teachers’ Pension Fund (OTPP), after nearly three years leading the regional investments at the C$247.2 billion...

May 30 2023

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HK$2,000 Hong Kong consumption vouchers to be handed out on July 16 to eligible residents

by News Desk

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Hong Kong will release the remaining HK$2,000 worth of consumption vouchers on July 16, Financial Secretary Paul Chan announced at a Monday press conference. Meanwhile, Ricky Chong, principal …

May 30 2023

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HMRC giving Hong Kong refugees’ financial details to China

by News Desk

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The UK tax department has been urged to stop sharing information with China after an investigation found that critics of the country’s authoritarian regime are having their personal details shared...

May 20 2023

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China’s economy is growing again. So why are investors getting out?

by News Desk

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Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country’s economic recovery after the lifting of pandemic restrictions.