Category: Uncategorized

Sep 22 2023

Uncategorized

Hong Kong police sergeant jailed for 3 months after making false statements to secure HK$165,000 from force’s credit union

by News Desk

No Comments

Court hears 47-year-old Wong Pak-lun falsely reported monthly amounts to be repaid on other loans to secure cash from Police Credit Union in 2017 and 2019.

Sep 19 2023

Uncategorized

Most people plan to work after retirement

by News Desk

No Comments

Even after spending their adult life in employment, most people (51%) plan to continue working after retirement to preserve their health and wealth, a new report finds.

Sep 19 2023

Uncategorized

7 in 10 Hongkongers expect to work after retirement, as savings will not suffice to provide quality of life: HSBC survey

by News Desk

No Comments

Hong Kong people believe they need US$1.1 million to retire comfortably, but they face a shortfall of US$815,000, HSBC survey says Yet Hongkongers are less likely than their peers in...

Sep 19 2023

Uncategorized

Hong Kong’s MPFA outlines steps to bolster MPF system

by News Desk

No Comments

Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) intends to further reduce fees for the Mandatory Provident Fund, widen its range of investments, and promote voluntary contributions to …

Sep 12 2023

Uncategorized

City regulators urged to review Hong Kong’s ties to the London Metal Exchange

by News Desk

No Comments

City regulators must scrutinise the Hong Kong government’s ties to the London Metal Exchange following China’s breaches of human rights and diplomatic agreements with the UK, a human rights group...

Sep 09 2023

Uncategorized

Norway’s $1.4 trillion investment fund is shutting its China office

by News Desk

No Comments

Norges Bank Investment Management (NBIM), which operates the world’s largest sovereign wealth fund, has started the process of closing down its office in Shanghai, in another sign of big global...

Sep 08 2023

Uncategorized

Ageing Hong Kong can be the Greater Bay Area’s pensions and healthcare hub

by News Desk

No Comments

As a centrepiece, we also have a defined contribution pension scheme for the masses in the form of the compulsory Mandatory Provident Fund (MPF). In healthcare, Hong Kong is recognised...

Sep 06 2023

Uncategorized

Canada’s largest pension fund trims staff as it puts China deals on hold

by News Desk

No Comments

CPP Investments, Canada’s biggest pension fund, has laid off at least five investment professionals at its Hong Kong office as it steps back from deals in China, three people with...

Sep 04 2023

Uncategorized

Fidelity launches two overseas equities funds to MPF members

by News Desk

No Comments

Fidelity International has launched two overseas equities funds to members of Mandatory Provident Fund (MPF), the public retirement savings scheme in Hong Kong, to meet their growing interest in …

Sep 03 2023

Uncategorized

QDMI QDM International Inc.

by News Desk

No Comments

QDM International Inc. operates as an insurance brokerage company primarily in Hong Kong. The company offers … It also operates as a mandatory provident fund intermediary; and provides …