Commuters in protective masks walk through an MTR station in Hong Kong. Photo: Bloomberg
Commuters in protective masks walk through an MTR station in Hong Kong. Photo: Bloomberg

Coronavirus will hurt the HK$1 trillion pension savings of 3 million Hongkongers as stock markets slump, warns MPF watchdog

  • ‘We have very challenging investment markets worldwide this year,’ says chief of the body that regulates the city’s Mandatory Provident Fund
  • He revealed the fund generated returns of 12.2 per cent last year as US stock markets soared despite trade war, Brexit

Commuters in protective masks walk through an MTR station in Hong Kong. Photo: Bloomberg
Commuters in protective masks walk through an MTR station in Hong Kong. Photo: Bloomberg
READ FULL ARTICLE