Hong Kong stock funds were the second worst performers among all MPF funds, losing 14 per cent in the third quarter and 8.8 per cent in the first nine months of this year, data shows. Photo: Winson Wong Hong Kong stock funds were the second worst performers among all MPF funds, losing 14 per cent in the third quarter and 8.8 per cent in the first nine months of this year, data shows. Photo: Winson Wong
Hong Kong stock funds were the second worst performers among all MPF funds, losing 14 per cent in the third quarter and 8.8 per cent in the first nine months of this year, data shows. Photo: Winson Wong

Hong Kong’s MPF lost each member US$1,387, as China regulatory storm, Evergrande debt saga pounded markets in third quarter

  • The MPF’s gains for the first nine months of this year now stand at a modest 0.3 per cent
  • Scheme members should not be too concerned about short-term market fluctuations, MPF authority says

Topic |   Mandatory Provident Fund (MPF)
Hong Kong stock funds were the second worst performers among all MPF funds, losing 14 per cent in the third quarter and 8.8 per cent in the first nine months of this year, data shows. Photo: Winson Wong Hong Kong stock funds were the second worst performers among all MPF funds, losing 14 per cent in the third quarter and 8.8 per cent in the first nine months of this year, data shows. Photo: Winson Wong
Hong Kong stock funds were the second worst performers among all MPF funds, losing 14 per cent in the third quarter and 8.8 per cent in the first nine months of this year, data shows. Photo: Winson Wong
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