Pedestrians at a street crossing in Central, Hong Kong’s main business district. Photo: Fung Chang
MPF’s stocks funds returned 7 per cent average loss in August as Hong Kong’s market was buffeted by trade war and street rallies
- The MPF’s Hong Kong equity funds returned 6.6 per cent in average losses last month, the worst performers out of all the pension fund’s asset-allocation options
- Bonds outperformed all options, as investors sought refuge in fixed-income financial instruments amid a turbulent equities market
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Mandatory Provident Fund (MPF)
Pedestrians at a street crossing in Central, Hong Kong’s main business district. Photo: Fung Chang