pensions.hk

Nov 17 2020

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Budweiser, Anta, Meituan Rise After Hang Seng Index Inclusion

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Shares of Meituan, Anta Sports Products Ltd. and Budweiser Brewing Co. APAC Ltd. rose on their first trading day since the compiler of Hong Kong’s benchmark Hang Seng Index said...

Nov 14 2020

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Government lifts cap on A-shares for pension fund

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Hong Kong people will be able to invest more of their retirement funds in mainland stocks in future. The government gazetted on Friday to include …

Nov 14 2020

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China, Hong Kong stocks fall on U.S. ban, bond defaults

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China and Hong Kong stocks fell on Friday following the Trump administration’s decision to ban U.S. investments in firms linked to the Chinese military, with sentiment also hurt by more...

Nov 14 2020

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Breakingviews – Trump fires messy parting shot at Beijing

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Donald Trump is firing a parting shot at Beijing. To stop more money from flowing into the People’s Republic, the lame-duck U.S. president signed an executive order to block U.S....

Nov 11 2020

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No relief for Hong Kong workers robbed of retirement protection by MPF offset mechanism

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The continuance of this “offsetting mechanism” undermines the very essence of pension provision and planning. I doubt Hong Kong’s chief executive understands or cares what that means for ordinary …

Nov 07 2020

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Why Hong Kong needs to speed up action on HK$2 transport for the elderly

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Many of us are suffering financially due to the lack of dividends from HSBC and other large companies, and cannot access Mandatory Provident Fund funds until … D.A. Smith, Wan...

Oct 31 2020

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Hong Kong leader to visit Beijing to discuss plans to revive economy

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Hong Kong’s Chief Executive Carrie Lam attends a news conference to announce a postponement of her annual policy address, in Hong Kong, China October 12, 2020. REUTERS/Tyrone Siu …

Oct 29 2020

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Asia’s pension systems forced to cut back under COVID pressures

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Malaysia and Hong Kong were rated C+ … fully recognize the longer-term effects of the COVID-19 pandemic on future pension payments, “reduced economic growth has already led to lower scores...

Oct 24 2020

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Amid the coronavirus pandemic recession, a quiet crisis is building in the world’s pension systems

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The pandemic-induced recession has led to reduced pension contributions and higher government debt. Billions around the world, including in Hong Kong, face the prospects of working longer or having …

Oct 23 2020

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Singapore keeps top spot for pension systems in Asia

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A league table assessing retirement income systems has again put Singapore at top spot in Asia and seventh overall. The ranking comes amid concerns that the pandemic will hit future...