Hong Kong’s stocks fell more than 7 per cent in the first half. Photo: Sun YeungHong Kong’s stocks fell more than 7 per cent in the first half. Photo: Sun Yeung
Hong Kong’s stocks fell more than 7 per cent in the first half. Photo: Sun Yeung

Hong Kong’s 3 million MPF pension fund members lose HK$7,752 each as coronavirus hits global markets

  • The compulsory retirement scheme lost 2.7 per cent, or HK$23.26 billion (US$3 billion), in the first half
  • Equity funds in Europe and Hong Kong led the losses as much of the global economy ground to a halt amid efforts to contain the deadly virus
Topic |   Coronavirus Hong Kong
Hong Kong’s stocks fell more than 7 per cent in the first half. Photo: Sun YeungHong Kong’s stocks fell more than 7 per cent in the first half. Photo: Sun Yeung
Hong Kong’s stocks fell more than 7 per cent in the first half. Photo: Sun Yeung
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