pensions.hk

Jan 20 2021

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Hong Kong falls off global real estate investors’ radars even as they eye more assets in Asia-Pacific

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Hong Kong seems to have fallen out of favour with global real estate investors, even as a greater number are either keeping or increasing their allocations for the Asia-Pacific region...

Jan 19 2021

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Hong Kong wage subsidy scheme failing struggling businesses

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To the ESS Secretariat, The Cherdchai Hair and Beauty Centre submitted the online application for the two rounds of the Employment Support Scheme. You have approved only two out of...

Jan 16 2021

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Hong Kong Exodus Could Spur $36 Billion in Outflows: BofA

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Hong Kong could see capital outflows of as much as $36 billion this year as residents leave the city for the U.K. in response to China’s sweeping security law, keeping...

Jan 15 2021

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Hong Kong emigration to Britain could mean $36 billion capital outflow

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Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion ($36 billion) this year from the Asian financial centre, a new report published...

Jan 13 2021

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HKMA has power to change Tracker Fund manager to get round US sanctions, Hong Kong leaders say

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Calls for a new manager of the Hong Kong index fund came after incumbent State Street Global said it must fall in line with US sanctions on certain Chinese firms,...

Jan 12 2021

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Hong Kong retail investors, pensioners to feel the pinch as Tracker Fund falls in line with US sanctions and out of sync with Hang Seng Index

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US sanctions against certain mainland Chinese companies might hurt millions of retail investors and pensioners in Hong Kong after Tracker Fund, the city’s biggest and most popular exchange-traded …

Jan 10 2021

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Hong Kong budget 2021-22: finance chief Paul Chan reserved on cash handouts, cites Covid-19 pandemic challenges

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Financial secretary says he expects first half of new year to remain challenging, with 2020 figures on track for a full annual economic contraction.

Jan 08 2021

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Hong Kong’s MPF posts 12.31% return in “costly” lesson for speculative members

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Hong Kong’s Mandatory Provident Fund’s average investment return in 2020 was 12.31%, and would have been higher if not for speculative members who tried to time markets, for whom it’s...

Jan 07 2021

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Hong Kong fourth wave: residents feeling pinch of coronavirus pandemic not allowed to dip into MPF pension scheme early

by News Desk

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Treasury chief Christopher Hui has ruled out early withdrawals, but says changes are in works to make it easier to apply for social security assistance.

Jan 05 2021

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Convoy’s board swells to 16 directors as boardroom manoeuvres continue in shareholders’ jostle for control

by News Desk

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The enlarged board would strengthen the hand of the Tsai family, which owns 29.98 per cent stake in Convoy, against an attempt by Kwok Hui-kwan – with 29.91 per cent...