A street in the Kowloon district of Hong Kong. The November gains have narrowed the MPF’s losses year-to-date to HK$30,000 each and raised the total MPF assets to HK$1.04 trillion. Photo: AFP
Hong Kong’s MPF sees total assets climb back above crucial HK$1 trillion mark after record November gains, members earn HK$20,300 each
- Compulsory retirement scheme reports a record monthly gain of HK$92.9 billion for November
- MPF is, however, on track to reporting its first yearly loss since 2018
A street in the Kowloon district of Hong Kong. The November gains have narrowed the MPF’s losses year-to-date to HK$30,000 each and raised the total MPF assets to HK$1.04 trillion. Photo: AFP
