Hong Kong has 1.3 million people who are 65 or older – about 18 per cent of its total population. This number is expected to increase to 31 per cent by 2036. Photo: David Wong

Hong Kong’s US$1.27 billion annuity plan fails to ignite on launch day amid concerns about returns, gender

Latest welfare initiative aimed at ageing population not attractive enough for city’s savvy investors

Topic |   Hong Kong's state-funded pension scheme

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Hong Kong has 1.3 million people who are 65 or older – about 18 per cent of its total population. This number is expected to increase to 31 per cent by 2036. Photo: David Wong
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.