Category: Uncategorized

Jul 07 2021

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Pension shortfalls keep 9 out of 10 middle-income Hong Kong residents toiling

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Nine out of 10 middle-income Hongkongers approaching retirement age have no firm plan to stop working because they fear their pension savings are insufficient, according to a report released on...

Jul 06 2021

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Nine out of 10 middle-income Hongkongers aged over 50 have no plan to retire as they don’t have sufficient pension funds, survey finds

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Almost 90 per cent of middle-income people aged 50 to 59 have no firm plan to quit work, fearing their pensions savings won’t see them through old age, according to...

Jul 05 2021

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Banks accused of Beijing-backed ‘asset grab’ as Hongkongers in UK denied access to pension savings

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When Tom and Mary decided to leave Hong Kong for Britain, they hoped to buy a home using their hard-earned savings. But they have been unable to retrieve the HKD500,000...

Jul 01 2021

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Hong Kong’s MPFA is invested in educating the public about the pension fund

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With reference to the letters “Passive MPF investors need better options” (June 9) and “Help investors make the right MPF choices” (June 23), the Mandatory Provident Fund Schemes Authority wishes...

Jun 29 2021

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CPPIB, AIMCo commit $2.4-billion to help fund expansion for wireless infrastructure firm BAI Communications

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BAI announced a deal to buy Mobilitie, the largest privately held telecommunications infrastructure company in the United States …

Jun 29 2021

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CPPIB, AIMCo invest C$2.4bn more in BAI Communications

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Canada Pension Plan Investment Board and Alberta Investment Management Corp have made a C$2.4 billion investment in BAI Communications, a Sydney, Australia-based maker of communications infrastructure …

Jun 29 2021

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BAI Communications buys Mobilitie

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BAI Communications, which is majority-owned by the Canada Pension Plan Investment Board (CPPIB), has agreed to acquire Mobilitie.

Jun 29 2021

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CPPIB to exit six Chinese property developments

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Canada Pension Plan Investment Board has agreed to sell its stake in six Raffles City developments, an integrated property development in China.

Jun 29 2021

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Hong Kong bank officers, loan applicants among 36 arrested over suspected scams seeking HK$40 million under SME aid scheme

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Hong Kong’s anti-corruption agency has warned of shady middlemen offering help with bank applications after arresting 36 people over suspected scams involving government-guaranteed loans totalling …

Jun 29 2021

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CPP Investments to sell stake in Raffles City China developments

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CNW/ – Canada Pension Plan Investment Board (CPP Investments) today announced that it has agreed to sell its stake in …