• 09/21/2024

Hong Kong’s MPF bounces back with 3.5% annual gain, the first since 2020, as pension scheme adds US$4.8 billion in value

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The 3.5 per cent gain, which works out to about US$1,025 per member, follows losses of 15.7 per cent in 2022 and 0.3 per cent in 2021. But poor performance by Hong Kong and China equities bit into many members’ nest eggs.

https://www.scmp.com/business/article/3247185/hong-kongs-mpf-bounces-back-35-annual-gain-first-2020-pension-scheme-adds-us48-billion-value?utm_source=rss_feed