Each MPF member has lost an average HK$4,240.10 (US$520) in the value of their pension pots since the turn of the year, as the US-China trade war takes its toll on Hong Kong and mainland stock market performances.
The Mandatory Provident Fund (MPF) is a compulsory pension fund designed by the Hong Kong government as a major protection scheme for the aged and retired residents. Most employees and their employers are required to contribute monthly.
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