Hong Kong’s pension nest egg is on course for best return in 4 years
==========
The Mandatory Provident Fund (MPF) is projected to report its best performance in four years for 2024, with an estimated gain of HK$102.8 billion (US$13.2 billion) as of December 18, 2024; this marks the third instance of the fund exceeding HK$100 billion in gains; US stock funds led with a 21.5% gain, followed by Japan stock funds at 18.7% and China and Hong Kong stock funds at 15.5%; MPF covers 4.7 million workers since its establishment in 2000; Francis Chung, chairman of MPF Ratings, anticipates an interesting 2025 with the incoming Trump administration.
#Mpf #HongKong #Pension #Investment #Finance #2024 #Returns #StockMarket #TrumpAdministration #Diversification
https://www.scmp.com/business/banking-finance/article/3292289/mpf-course-best-return-4-years-year-positive-outlook-2025
South China Morning Post /
npub1x2…knuvq
2024-12-26 04:54:56
Author Public Key
npub1x2q0x7w5tqx0x3j9tdvkvqmetarpr8axhpjq7qw5xxrcysdwtrzssknuvqPublished at
2024-12-26 04:54:56Event JSON
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"content": "Hong Kong’s pension nest egg is on course for best return in 4 years\n==========\n\nThe Mandatory Provident Fund (MPF) is projected to report its best performance in four years for 2024, with an estimated gain of HK$102.8 billion (US$13.2 billion) as of December 18, 2024; this marks the third instance of the fund exceeding HK$100 billion in gains; US stock funds led with a 21.5% gain, followed by Japan stock funds at 18.7% and China and Hong Kong stock funds at 15.5%; MPF covers 4.7 million workers since its establishment in 2000; Francis Chung, chairman of MPF Ratings, anticipates an interesting 2025 with the incoming Trump administration.\n\n#Mpf #HongKong #Pension #Investment #Finance #2024 #Returns #StockMarket #TrumpAdministration #Diversification\n\nhttps://www.scmp.com/business/banking-finance/article/3292289/mpf-course-best-return-4-years-year-positive-outlook-2025",
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