Category: Uncategorized

Aug 05 2021

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China’s finance ministry appoints 40 Hong Kong accountants as advisers to serve as bridge between city, rest of country

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Liaison office picks members of the big four accounting firms and different sectors to build solidarity and push economic integration.

Aug 04 2021

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Brokers’ take: CGS-CIMB upgrades iFast to ‘add’, raises target price after HK project update

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CGS-CIMB has upgraded iFast Corporation to “add” while raising its target price to S$12.50 from S$8.31, after the wealth management …

Aug 03 2021

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How to check your state pension age as DWP digs in its heels over reform

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THE DEPARTMENT for Work and Pensions is weathering a storm of demands for the state pension age to be reduced to previous levels.

Aug 03 2021

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Hot stock: iFast up 8% on finalisation of Hong Kong pension contract

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SHARES of iFast Corporation jumped on Monday after it announced that it had finalised its Hong Kong pension project contract on Saturday, which …

Aug 01 2021

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Pension scheme to be introduced for miners

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State Minister Lohan Ratwatte stated that a pension scheme will be launched for miners through the Welfare Board from today (31). He stated the above while joining the opening of...

Jul 31 2021

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Hong Kong reviews rules for picking Tracker Fund’s manager to mitigate risk to pensioners in rising US-China rivalry

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Hong Kong’s regulators are reviewing the process for appointing the manager to oversee the Tracker Fund, as it moves to shield the city’s biggest exchange-traded fund (ETF) from being ensnared...

Jul 31 2021

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Hong Kong regulators are reviewing appointment of State Street as Tracker Fund manager, sources say

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Hong Kong regulators are reviewing the appointment of the manager of the city’s Tracker Fund to make sure local investors’ interests are well protected against any negative effects from a...

Jul 21 2021

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Hong Kong MPF supervisor hails “remarkable” performance

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Hong Kong’s Mandatory Provident Fund (MPF) performance last year was “remarkable”, and figures show voluntary contributions are becoming more popular, according to Ayesha Macpherson Lau, head of the …

Jul 11 2021

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Hong Kong blocking pension funds does not bode well for its future as an int’l financial centre

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Some of our imperial rulers seem to have overlooked a rather important point about Hong Kong’s future role. We all understand that we have now abandoned the ambition to be...

Jul 10 2021

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Hong Kong’s pension fund posts 4.5 per cent investment gain in first half, but policy and regulatory challenges lie ahead

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The outlook for investment markets in the second half of this year is not so optimistic, as the Hang Seng Index has lost 5.8 per cent over the past week,...