Category: Uncategorized

Jan 04 2024

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Hong Kong’s MPF bounces back with 3.5% annual gain, the first since 2020, as pension scheme adds US$4.8 billion in value

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The 3.5 per cent gain, which works out to about US$1,025 per member, follows losses of 15.7 per cent in 2022 and 0.3 per cent in 2021. But poor performance...

Jan 01 2024

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Hong Kong shares plunge to losses for 4th straight year

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OVER the summer, when Hong Kong’s stock market rout seemed to have no end in sight, the city’s financial chief Paul Chan jumped into action, creating a task force to...

Dec 30 2023

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Hong Kong Stocks Plunge to Losses for 4th Straight Year

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Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.

Dec 28 2023

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Mapped: U.S. public pensions have a lot of investments in China

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17 states have at least one public pension with at least 2% of its AUM invested in China-based private companies or private investment funds (e.g., venture capital and private equity),...

Dec 20 2023

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Hong Kong’s MPF assets rebound as global markets rally

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Hong Kong’s Mandatory Provident Fund assets grew 4.5% month-on-month to HK$1.11 trillion (US$141 billion) in November as global markets rebounded, according to local investment firm GUM. The gain was …

Dec 16 2023

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Committee say B.C., other public pensions should avoid Chinese human rights abusers

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A House of Commons committee believes Canadian public pension funds, including British Columbia’s, should stop investing in Chinese companies that abuse human rights. “Research and reporting from …

Dec 13 2023

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U.S. pension funds heavily invested in China complicate Washington’s crackdown, new analysis finds

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U.S. efforts to clamp down on investments in China may be undermined by continued funding from some of the country’s institutional investors, analysis shows.

Dec 08 2023

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Hong Kong court rejects legal bid by ex-policeman who was fired, lost pension over sexual misconduct with teen

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A Hong Kong judge has rejected a legal bid by a former policeman who was sacked from the force and lost his pension after he was found guilty by a...

Dec 06 2023

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Hong Kong’s MPF earns HK$210 billion return in ten years

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Hong Kong’s Mandatory Provident Fund (MPF) earned a net investment return of HK$210 billion (US$26.9 billion) over the ten years to September 2023, with the performance of its equity and...

Nov 30 2023

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Missouri has no business investing its public pension money in communist China | Opinion

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State Rep. John Rizzo, an Independence Democrat, said the proposal “was clearly being done for political purposes.” Uyghur Muslims in camps would disagree. | Opinion …