Hong Kong’s Central business district. The performance of the city’s about 400 MPF investment funds has been hit by a 6 per cent slump in the Hang Seng Index, as well as a 20 per cent slump in the Hang Seng Tech Index, in the first quarter. Photo: Felix Wong
Hong Kong’s Central business district. The performance of the city’s about 400 MPF investment funds has been hit by a 6 per cent slump in the Hang Seng Index, as well as a 20 per cent slump in the Hang Seng Tech Index, in the first quarter. Photo: Felix Wong

Hong Kong’s compulsory pension scheme faces ‘extreme volatility’ after members lose HK$16,600 on average in first quarter

  • Markets are unlikely to rebound in the short term, chairman of independent research firm says
  • Don’t change their fund choices in the current volatile market: insurance brokerage executive

Hong Kong’s Central business district. The performance of the city’s about 400 MPF investment funds has been hit by a 6 per cent slump in the Hang Seng Index, as well as a 20 per cent slump in the Hang Seng Tech Index, in the first quarter. Photo: Felix Wong
Hong Kong’s Central business district. The performance of the city’s about 400 MPF investment funds has been hit by a 6 per cent slump in the Hang Seng Index, as well as a 20 per cent slump in the Hang Seng Tech Index, in the first quarter. Photo: Felix Wong
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